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What is the best time to trade Bitcoin during the London session?

avatarJhon Kenneth LumagDec 16, 2021 · 3 years ago3 answers

During the London session, when is the optimal time to trade Bitcoin for maximum profitability?

What is the best time to trade Bitcoin during the London session?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The best time to trade Bitcoin during the London session is typically between 8:00 AM and 4:00 PM GMT. This is when the market is most active and liquidity is high, which can result in better trading opportunities and tighter spreads. However, it's important to note that market conditions can vary, and it's essential to monitor price movements and news events that may impact Bitcoin's price during this session.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking to trade Bitcoin during the London session, I'd recommend focusing on the hours between 9:00 AM and 11:00 AM GMT. This is when the session overlaps with the opening of the New York session, creating increased trading volume and potentially higher volatility. Keep in mind that Bitcoin's price can be influenced by various factors, so it's crucial to stay updated on market news and trends.
  • avatarDec 16, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the optimal time to trade Bitcoin during the London session is typically between 10:00 AM and 2:00 PM GMT. This is when the market experiences the highest trading volume and volatility, providing ample opportunities for traders to profit. However, it's important to conduct your own research and analysis to determine the best trading strategy that aligns with your goals and risk tolerance.