Backtesting the week: Which days are best for trading crypto?

Jan Smirny
Nov 7 · 7 min read

In traditional stock market investing, it’s a well-documented phenomenon that certain days of the week tend to be more profitable than others.

The Weekend Effect, for example, is a market phenomenon which posits that stock returns on Mondays are often lower compared to previous Friday, as companies will often try to ‘bury’ bad news by releasing them on Friday evenings, after the market shuts down.

And while crypto never sleeps, the same ‘day bias’ has been creeping into digital asset markets for a…

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Jan Smirny

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Santiment

Santiment

Insight into the crypto markets. For traders and investors of any level.

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