When is the lowest point of the day for crypto prices?

3 answers

• Andrews AyalaJan 19, 2021 · 5 years ago
  The lowest point of the day for crypto prices can vary depending on various factors such as market conditions, trading volume, and news events. However, historically, the lowest point tends to occur during the early morning hours, typically between 2 am and 4 am UTC. During this time, trading activity is relatively low, and liquidity may be limited, leading to potential price drops. It's important to note that this is a general observation and may not hold true for every day or every cryptocurrency. It's always recommended to monitor the market closely and consider other factors before making any trading decisions.
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• Hays PetersonOct 07, 2024 · 9 months ago
  Crypto prices can be quite volatile throughout the day, and the lowest point can occur at different times. However, based on historical data, it's often observed that the lowest point tends to occur during the early morning hours, around 3 am UTC. This can be attributed to factors such as reduced trading activity and lower liquidity during this time. It's important to keep in mind that crypto markets are highly unpredictable, and the lowest point can vary from day to day. Therefore, it's crucial to conduct thorough research and analysis before making any investment decisions.
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• rosenyMar 29, 2023 · 2 years ago
  According to data from BYDFi, the lowest point of the day for crypto prices typically occurs around 3 am UTC. This is when trading activity is relatively low, and there is less liquidity in the market. However, it's important to note that this is just a general observation and may not hold true for every day or every cryptocurrency. Crypto markets are highly volatile, and the lowest point can vary depending on various factors. It's always recommended to analyze the market and consider multiple indicators before making any trading decisions.
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