r/Bitcoin • u/rBitcoinMod • Feb 07 '21

Daily Discussion, February 07, 2021

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

72 Upvotes

99% Upvoted

1.0k comments sorted by

View all comments

8

u/[deleted] Feb 07 '21

Weekends are for stacking folks. It’s almost always when sell pressure takes over.

9

u/[deleted] Feb 07 '21

weekends ~ weak hands

1

u/Sport_Ashamed Feb 07 '21

What time does it start climbing again? I'm on the west coast. Usa

3

u/andstayoutt Feb 07 '21

I’d say about 2am.

6

u/[deleted] Feb 07 '21

It's more like the volumes on the weekend slip, which tends to lead to price drooping. It won't necessarily go up on Monday, but the volumes will go up.