Are there any exceptions to the 10 am rule in cryptocurrency markets?

3 answers

• Nov 28, 2021 · 3 years ago
  The 10 am rule in cryptocurrency markets refers to the common practice of major price movements occurring around 10 am. While this is a general trend, it is important to note that there can be exceptions and variations to this rule. Factors such as news announcements, market sentiment, and global events can influence price movements at any time of the day. Therefore, it is crucial for traders to stay updated and monitor the market throughout the day, not just at 10 am.
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• Nov 28, 2021 · 3 years ago
  Ah, the infamous 10 am rule in cryptocurrency markets! While it may hold true in many cases, it's not set in stone. The cryptocurrency market is highly volatile and influenced by various factors. Price movements can occur at any time, whether it's 10 am or 2 pm. So, don't solely rely on this rule. Keep an eye on the market throughout the day to catch potential opportunities.
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• Nov 28, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, follows the 10 am rule as a general guideline for market movements. However, it's important to remember that exceptions can occur. The cryptocurrency market is influenced by a multitude of factors, including global events, news releases, and investor sentiment. These factors can cause price movements at any time of the day. Therefore, traders should not solely rely on the 10 am rule but instead stay vigilant and adapt their strategies accordingly.
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