I’ve been trading crypto since 2014 and I can tell you one thing that I’ve always noticed every week on Wednesdays crypto sells off like clockwork, then rebounds on Thursday only to do it again the next Wednesday. With this simple rule in mind you’ll know that these downturns on Wednesdays are just that, a weekly cycle with crypto.
Nobody knows why it does it, nobody knows who does it. Some say it’s Algos, others think it’s Aliens, who knows, all I know is it never fails, sometimes it’s a day late or a day early, but for 75% of the time it’s always Wednesday.
We should see everything rebound here starting tomorrow.
Overall today was an excellent day considering.