Bitcoin's (BTC) 30% price surge has a hidden rhythm. Here are the hours and days driving gains.
Summary
Data from Velo indicates that Bitcoin's recent 30% price rally has been unevenly distributed, showing distinct patterns based on trading sessions and specific time windows. The APAC and U.S. sessions have been the primary drivers of growth, accounting for 13% and 11.5% returns respectively, while Europe has lagged significantly. The most profitable trading hour is 00:00 UTC, and Monday has emerged as the strongest day of the week, offering traders a potential roadmap for market timing and risk management.
(Source:CoinDesk)