Insights obtained by artificial intelligence indicated the optimal day of the week for investing in cryptocurrencies

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insights obtained by artificial intelligence indicated the optimal day of the week for investing in cryptocurrencies
insights obtained by artificial intelligence indicated the optimal day of the week for investing in cryptocurrencies

Experts from CryptoPotato turned to artificial intelligence from Google to determine the best day to buy bitcoin. According to Google research

Experts from CryptoPotato turned to artificial intelligence from Google to determine the best day to buy bitcoin .

According to a Google Bard study, for investors seeking to accumulate cryptocurrency gradually and long-term, the best choice is Saturday – “working investment day”.

Buying a certain amount of cryptocurrencies or stocks on a weekly basis is a classic investment strategy known as dollar value averaging. Google Bard also noted that Sunday is the second best day to buy cryptocurrency, but if users are looking for the lowest prices, then it is best to shop on this day.

Historical market data confirms that the lowest average daily price of Bitcoin between August 2022 and August 2023 was on Sunday at $23,595. While the average BTC price was highest on Wednesday, reaching $23,850. with this schedule would allow the investor to receive tokens 1% cheaper every week.

It is also worth noting that Google Bard recently predicted that after the long-awaited halving in 2024, Bitcoin is likely to hit a new all-time high. It is possible that the price of bitcoin will rise to $100,000 as a result of a sharp momentum.