Profit increase on Bitcoin Purchases when purchased Wednesday an
We call this the Futures market effect. Traders closing positions for the weekend. Traders tend to sell the futures, then cover to prevent risk over the weekend. We see this in the /ES and /CL markets too.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.