The market runs on a clock more than on patterns.
We taped nine years of tape - 451 full weeks, 3,259 full days of $BTC - to three twitter classics:
"Tuesday sets the weekly high." Tuesday owns 58 of 451 weekly highs - 13%, right at the coin-flip base of 14%. Noise wearing a name.
"94% of red Wednesdays form the high later." On a named ruler: 41%. And most of that is just 15 of 24 hours still being ahead when the claim gets posted. The clock earns the percentage, not the bears.
The real owners:
MONDAY - 132 of 451 weekly highs, 29%. Twice the base, and the weekday leader in 9 of the last 10 years. This year it's running 42%.
THE ROLLOVER - the 00Z hour alone prints 16% of all daily highs, 3.8x a uniform hour. The day's edges, not its middle.
The tell: a real pattern prints multiples of the base rate and survives a decade. A story prints at base - with better marketing.
Scoreboard reopens Monday Aug-24: if the weekly high is Monday's again, the count goes 133/452.
We taped nine years of tape - 451 full weeks, 3,259 full days of $BTC - to three twitter classics:
"Tuesday sets the weekly high." Tuesday owns 58 of 451 weekly highs - 13%, right at the coin-flip base of 14%. Noise wearing a name.
"94% of red Wednesdays form the high later." On a named ruler: 41%. And most of that is just 15 of 24 hours still being ahead when the claim gets posted. The clock earns the percentage, not the bears.
The real owners:
MONDAY - 132 of 451 weekly highs, 29%. Twice the base, and the weekday leader in 9 of the last 10 years. This year it's running 42%.
THE ROLLOVER - the 00Z hour alone prints 16% of all daily highs, 3.8x a uniform hour. The day's edges, not its middle.
The tell: a real pattern prints multiples of the base rate and survives a decade. A story prints at base - with better marketing.
Scoreboard reopens Monday Aug-24: if the weekly high is Monday's again, the count goes 133/452.