Statistical Insights

Decoding Weekly Pivots – How Monday Shapes Bitcoin’s Trading Week

In our analysis, we’ve found that the first Weekly Pivot (P1) — either the highest or lowest point of the week, depending on which occurs first — is historically set on Monday 58% of the time, making it a significant day for establishing the week’s directional tone.

The moving average chart, illustrating the frequency with which Mondays have marked the first Weekly Pivot, consistently remains above the 50% threshold. This persistent trend since 2018/2019 demonstrates that, over time, Mondays have more often than not been the day when the week’s first pivotal point is set.

Furthermore, when breaking down the instances where Monday sets the first Weekly Pivot, our analysis reveals that 55% of these occur during the Asia trading session, with a notable 62% of those during the session’s first trading hour.

Examining the current Bitcoin chart, we observe that today’s (Monday’s) first pivot — the daily low — occurred at hour 0.

Given our historical data, this positions it strongly as the first pivot of the week. The subsequent market response reinforces the idea that this week’s low may have been established.

This insight illustrates the strategic importance of understanding temporal market dynamics and their potential impact on weekly trading outcomes.

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