Many investors in cryptos are in for the long run, riding the brutal ups and downs of the crypto market, with drawdowns of up to -80% not infrequent in the past decade. Other participants in the crypto markets prefer trading short-term crypto movement, relying on pattern analysis and expectations about cryptocurrencies’ reactions to various short-term news. Unlike equities, cryptocurrency markets operate around the clock and are still largely outside regulatory oversight. Transaction volume on the Bitcoin blockchain peaks around 14:00 GMT, with the pattern substantially declining on weekends, indicating spillovers ... (full story)