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26 Jul 2022

All minutes are not equal for bitcoin traders

Since January 2020, there is a clear trend of outsized outlier returns originating in minutes 0, 15, 30, and 45 of any given hour.
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Source: FTX API
The outsized returns in minutes 0, 15, 30, and 45 were particularly evident during BTC's run from March 13th 2020-April 12th, 2021.The love for minutes 0, 15, 30, and 45 is less pronounced in the last year but still relevant. Only 21 out of 60 minutes have seen gains on average since the November peak. Nevertheless, minutes 0, 15, 30, and 45 have, on average, seen positive returns.
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Source: FTX API
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