Bitcoin Market Hours and The 3 Major Bitcoin Sessions

Tokyo Close Charts

To maximize the number of trading opportunities during these Bitcoin hours, it is important to be aware of the times when the bitcoin market is busiest. This is the time that most bitcoin trade activity occurs.

Even though there is no official open and close time during the week, it can be broken up into 3 major Bitcoin sessions - Tokyo, London and New York market sessions.

However, although it seems not to be very crucial at the start, the correct and right time to trade is one of the most crucial and important points required to be a successful trader.

The best time is when the btcusd market is most active and hence has the biggest volume of transactions. A more active market creates a good chance to make some profit while a calm and slow one is literally a waste of your time resource - turn off your Desktop computer PC and don't even bother bitcoin trading at this time.

Not all the times are suitable, that is because the volatility keeps changing. Below is a table explaining the schedule of Bitcoin Crypto Currency Sessions. The time used is GMT 0

Bitcoin Market Hours Chart - Best Time to Trade BTC/USD Crypto - New York BTCUSD Market Session

The three major market sessions are:

Asian Session Hours( Tokyo ): 00:00 to 9:00 GMT
European Session Hours( London ): 7:00 - 17:00 GMT
U.S. Session Hours( New York ): 13:00 to 22:00 GMT

Bitcoin Sessions Overlaps

There are hours when 2 market sessions are overlapped:

London + Tokyo overlap - 7:00 - 9:00 GMT

New York + London over-lap - 13:00 to 17:00 GMT

At these over-lapping market hours you will find the highest volume of bitcoin transactions & therefore more chances to win during these hours.

This means that the lion share of bitcoin transactions is happening between the London market session and US session. Naturally this is the best time to make profits.

The bitcoin prices moves a lot during the New York & London Market Sessions because Multinational companies, hedge funds, managed funds & banks are open for trading.

Multinationals will transact bitcoin during this time to facilitate international business transactions and commerce, hedge funds and managed funds will trade bitcoin for investment purposes, banks on the other hand will exchange lots of money on behalf of their clients, maybe tourists wanting to travel around the globe or just anybody wanting to exchange their money so as to buy something in another country or make some transaction.

This makes the btcusd market very liquid at this time and the high volume of transactions means that bitcoin prices move a lot. At this time the charts will in general move in particular direction and form a short-term trend.

As a trader you also want to join in when everyone is placing their cryptocurrency orders as this is the time there is enough liquidity and many good opportunities to make and earn money, and because there is a lot of liquidity the bitcoin price movement will generally be more predictable unlike when there's little liquidity & the bitcoin price movement becomes unpredictable and the bitcoin prices can move in a range bound/ranging kind of manner with no particular direction.

Once you trade bitcoin for a while you'll get to know that is easier to make money when the btcusd market is moving up or moving down, unlike when it's in a range.

Asian Session Characteristics:

Least volatile of the three market sessions
Account for 15 % of daily trade transaction turnover
Typical 20 -30 pip(point) moves

European Session Characteristics:

Most volatile of the 3 market sessions
35 % of daily trade volume
Typical 90 -150 pip moves

USA Session Characteristics:

2nd most volatile of the 3 sessions
Accounts for 25% of daily turnover
Focuses on USA economic news

US and Europe Session Overlaps Characteristics:

Combines the 2 most volatile sessions
Accounts for 60 % of total daily trade transaction turnover
Focuses on USA and European economic news
Fast moving bitcoin prices and cryptocurrency trends in a particular direction

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