Oddbean new post about | logout
 I have a theory.

You know how the BTC price is all over the place during the week, but at the weekend it pumps and stays high until the new week starts.

Well, I think the weekday action is a result of the suits playing with their little coins, while at the weekend, the suits go home and BTC settles to its natural price point. 
 They do stop hunts on weekends due to low volume. 
 It happened the other way too. When it wasn’t doing very or going down, it went down on the weekend and came up during the week. It’s the ETFs and I think they’re stabilising the price a little. Both when it’s going up and when it’s going down. If this is good or bad I don’t know. 
 Interesting 
 basically,  
 and a very nice natural price point it is too. 
 True 🫂