Bitcoin's Decline Starts from the Beginning of the Week: Interesting Data of 4 Weeks! - Coin Bulletin

Bitcoin (BTC) price has shown different performance based on the days of the week in the last three months, causing concern among investors on Mondays.

Bitcoin investors are expecting a break in the negative trend following four consecutive Mondays of losses. Over the past few weeks, weekends have seen significant price fluctuations due to geopolitical tensions, customs tariffs, and rising global bond yields. The weekend tension seems to have spilled over into Mondays.

The data obtained from Velo shows that Mondays and Thursdays in the last three months are the most negative days of the normal work week. However, Sunday stands out as the overall worst performing day of the week with an average 1% price decrease. In terms of overall performance, weekends give slightly worse results compared to weekdays.

According to Coinglass data, Bitcoin experienced declines on the last four Mondays. It lost 0.31 percent on February 17, 4.6 percent on February 24, 8.5 percent on March 3, and 2.6 percent on March 10. These declines coincided with a 30 percent retreat from the all-time high recorded in late January, and during this period, the S&P 500 index also lost 10 percent.

Bitcoin price was trading at $82,686 at the time of writing, while S&P 500 futures turned slightly negative.