Do we dip on Sundays? Here's how Bitcoin has fared on every Sunday so far this year...

Hey guys, there's a lot of talk about the mythical Sunday dip going around so I thought I'd see how BTC has fared so far this yearAll prices were taken from CoinMarketCap and I used the opening and closing price to gauge how well it performed. Any gain/loss that was less than 1% is classed as breakeven. I did double check everything but I apologise in advance if anything is incorrectHere we go...Sun 23rd May 8% lossSun 16th May BreakevenSun 9th May 1% lossSun 2nd May 2% lossSun 25th April 2% lossSun 18th April 6% lossSun 11th April breakevenSun 4th April 2% gainSun 28th March BreakevenSun 21st March 1% lossSun 14th March 3% lossSun 7th March 3% gainSun 28th February 2% lossSun 21st February 3% gainSun 14th February 3% gainSun 7th February BreakevenSun 31st January 3% lossSun 24th January BreakevenSun 17th January 1% lossSun 10th January 4% lossSun 3rd January 2% gainAs you can see, we've had more losses than gains but most of the losses were insignificant amounts like 1-2%. You've essentially got the same chance of breaking even or making a profit if you don't sell in anticipation of the Sunday dipHope some of you find this useful!

Submitted May 30, 2021 at 12:30AM

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