BTC ETF inflows pause on weekends is an advantageous event which we can use for our profit growth
The classic price downturn movement on the weekends is still at play today and I am even remembering the year around the 2017 BTC bull run, there is always a major sell-out on the weekends after the run-up on Wednesdays and Thursdays and then expect the selling afterwards. It seems that many people are not trading on the weekends which makes the bears get some upper-hand on how the market will perform in the later couple of days of the week. Well for me it is a good aspect of trading cryptocurrencies because you will have the clue on when to sell and when to buy cryptos in particular so that you can maximize your profits although there are some risks involved with it. But as we can see in the current dynamic price action of BTC, every milestone will always come with a little sell-off as we had seen already today and yesterday. Now with this almost predictable pattern, many traders will begin to see it as one big way to boost their earnings although everything is possible and anything can happen in the world of cryptos, so that is why we must exercise some caution if we do trade with regards to this cycling short boom and bust move of a bull running Bitcoin caused by BTC ETFs.
ETFs are also businesses and they seem to "close shop" in the weekends and as I had stated above the pause of buying BTC will make room for BTC sellers to make the BTC market to dip. These dips are very scary for first time BTC users or holders because the price swings are what we call wild because BTC is relatively small and there are big traders that sort of manipulate the market which causes a cascade of selling where these big entities including the BTC ETF take advantage and gobble-up buy every "cheap" or bargain BTC afterwards. Now if the big buyers would pause their buying, it will definitely make a dent in the price and will only resume during the first day of the week which is Monday in the US. Please feel free to observe the mini sell-offs during the weekends from now on so that you can understand what I am talking about. The good news is that BTC itself with this unprecedented bull-run will again make a milestone in the middle of the week and then followed by a "pullback" at the end of the week. As I have observed even with BTC having a bunch of big buyers, its price still dips which again happens at the end of the week which I am glad to see it happening because it is presenting a very good and regular way of earning extra profit as we feel the effects of this BTC bull run until it lasts.
I am very optimistic that the ETF will make the price of BTC rise in a much longer time and will allow the Altcoin holders to enjoy their own appreciating value in the same manner all because BTC is the main factor in moving the general prices up and down which in this case in this particular moment and up to the coming weeks and months or years will just positively move upward because again, the demand for Bitcoin is so great that I am excited to see what will happen once the BTC halving in April happens. Right now I am overly optimistic about how and what I will do with my cryptos after seeing them gradually and or speedily gaining more value which are now still being nowhere near their recent top or ATH. All that I can say that because of the force of the demand for BTC, any move either up or down is still advantageous for all of us hodlers of crypto and I myself is thanking God because it is really a life-changer for many people especially for me who needs to support myself with a plan to make my parents comfortable as they age.
