Bitcoin Market Fluctuations – The Best Time to Sell Bitcoins
Let’s all accept the fact that bitcoins and cryptocurrencies are slowly creeping into the mainstream and people are readily accepting them as a great investment option. However, there are major confusions that people face and this is usually because they are unsure what causes the fluctuations in the bitcoin market as well as when is the best time to buy and sell bitcoins. One thing particularly in question has been how to sell bitcoins in Australia. Here, we’re answering both of these questions for better information. Okay, so honestly, nobody precisely knows what causes such variations but the researchers say in their study that due to the Monday/Tuesday UTC time, it may be that because of the timezone difference there are more active traders working online. Very clearly – most of the Asian, European, and American traders are usually active at this time. Apart from this one point, the researchers did also note that the trading volume is not higher during this time; therefore,