Are you getting used to the weekend patterns of BTC price drops?
I don't know about you but lately it just seems like clockwork that BTC dips off into the sunset on its marketcp from Saturday evening till Monday morning like a drunken ritual. Its so predictable at this stage that I kind of wait for it to happen and hold till Monday for any sells I do.
I know from trading experience that weekends tend to be the slow periods in the week but these insane $300-$500 dips every weekend is getting oddly too predictable for me, not sure what causes it other than a bunch of rich partiers may need cash money of some Budweiser in their lives lol. Only thing that bugs me, it tends to kick down my altcoins and they need many more days of the week to recover.
This is how I picture BTC right now if it were human lol
So if anyone is freaking out right now about the charts, just kind of pull back the charts on a bigger time frame and take a deeper look. This will most likely recover and sway a few times. I suspect come Monday like usual it will get that hangover remedy in itself and go out like superman and fly high.
