Bitcoin Average Returns by Weekdays #CryptoGates

Hello All,

This is CryptoGates. In this post, I have included a chart and a graph that represents average returns of Bitcoin by each weekdays, Mondays through Sundays. Perhaps, it is something to keep in mind while trading.

Only Monday is shown to be significant since the p-value is less than .1, meaning it has a high predictive power. So, this suggests you may want to purchase bitcoin prior to Mondays.

*I used closing price of Bitcoin from dates 12/18/16 to 12/17/17 obtained from coinmarketcap.com

Hope this helped.