Cheapest Day to Buy Bitcoin: How to Boost Your Crypto Savings

If you've ever stared at the Bitcoin price chart, you know it moves fast—sometimes up, sometimes down, often with no obvious reason. But is there actually a secret 'best day' to buy and save a little cash? Well, it turns out, Bitcoin prices really can swing a bit from day to day, and some days reliably come with lower prices. Picking the right day could mean you get more crypto for the same money.

People love to guess when to buy, but there’s research behind this too. Studies by platforms like Coinbase and data crunchers at CryptoCompare have shown that weekday price patterns do appear, with certain days flat-out offering better deals. Rather than rolling the dice, understanding when prices typically dip can give you a small but real edge. No magic crystal ball—just some smart timing.

• Do Bitcoin Prices Really Change by the Day?
• The Cheapest Day Revealed: What Does the Data Show?
• Why Do Bitcoin Prices Fluctuate During the Week?
• Pro Tips to Save More When Buying Bitcoin

Do Bitcoin Prices Really Change by the Day?

Yep, Bitcoin prices bounce around way more than most stocks or even other cryptos. It’s not just hour to hour—you can see differences day by day. A study by CryptoCompare in 2023 found that Bitcoin’s average price actually shifts depending on the day of the week. If you just assumed it’s totally random, nope—there’s a pattern, even if it’s small.

Monday and Sunday often see price dips, while midweek (especially Wednesday) usually shows small upswings. This isn’t just guessing—looking at data for thousands of trades, the numbers back it up. That doesn’t mean every single week follows the pattern, but over time, these little daily swings add up.

“Our research shows that Bitcoin’s price tends to bottom out on Mondays, with a statistically significant uptick by Wednesday afternoon,” — CryptoCompare Weekly Report, August 2023.

Here’s a quick snapshot from one dataset using average closing prices:

What stands out is that prices are often lowest around the start and end of the week, which is handy if you’re looking for the cheapest day to get in. The takeaway? Timing your buy by day can squeeze out a little extra value, especially if you’re dollar-cost averaging or stacking small amounts regularly.

The Cheapest Day Revealed: What Does the Data Show?

Everybody's looking for an edge, right? Well, here’s an open secret: by watching Bitcoin’s weekly price trends, you can sometimes score a better deal just by tweaking when you buy. Tons of price history shows that Bitcoin isn’t just wild and random all the time—some patterns really do show up if you dig into the numbers.

So, let’s get to what you care about: which day should you pick? According to real-world research by sites like CryptoCompare and some public numbers from Coinbase, buy Bitcoin on Mondays or Sundays, and you’ll often pay less compared to any other day of the week. Over a five-year stretch ending in early 2024, average Bitcoin prices fell to their lowest on these days. Wednesdays and Fridays? Those days are on the pricier side more often than not.

Here’s a quick breakdown of weekly average Bitcoin prices (rounded, 2023–early 2024):

See that dip at the start of the week? It doesn’t guarantee tomorrow will be cheaper, but history says Mondays and Sundays are usually your best shot at snagging the lowest price. Weekends in general tend to bring a slight dip—probably because big traders and institutions are less active, leaving prices more likely to drift downward due to smaller trading volume.

If you want to put these odds in your favor, don’t just set a reminder for payday. Try watching the market on Sunday and Monday mornings instead. It might not make you rich overnight, but over months or years, that little edge adds up, especially if you’re buying Bitcoin regularly.

Why Do Bitcoin Prices Fluctuate During the Week?

You might wonder why Bitcoin prices seem to bounce around depending on the day. The truth is, it’s not just random. A few key factors help explain these moves, and knowing them can turn basic crypto investing into something a little smarter.

First up: trading activity. Bitcoin trades for 24 hours, unlike regular stocks that get weekends and holidays off. But most trading volume still happens during weekdays, especially during business hours in the US and Europe. That’s when big institutional investors are at work, and their moves are large enough to nudge prices up or down.

Another reason is how people behave with money. Since the average person has more free time on weekends, it would seem crypto prices would jump then, but that doesn’t happen. In reality, trading volume drops on Saturdays and Sundays, which can lead to thinner order books and bigger price swings with just a few trades. Sometimes, this lower weekend volume causes prices to fall—just because there aren’t enough buyers pushing prices up.

Also, big crypto news and announcements tend to break during the workweek. Governments pass regulations, projects announce updates, and exchanges release new coins—usually Monday to Friday. When headlines hit, it kicks off rushes to buy or sell, and that moves prices.

Brokers and payment gateways matter too. Some banks or payment services batch transfers during business hours only, which can delay big deposits or withdrawals over the weekend. So even if you wanted to act on a price dip Saturday night, your transfer might not clear until Monday, and you’d miss out on the low price.

If you look at the numbers, there’s data to back this up. Here’s a quick look at average Bitcoin closing prices from 2024 by day of the week:

You can see that the weekend is when average prices are often lower. That lines up with trader behavior, trading hours, and how news hits the market. So, next time you’re planning to buy, check when the cheapest day for Bitcoin usually lands based on the latest data and trends. It’s not luck—it’s just smart timing.

Pro Tips to Save More When Buying Bitcoin

Want to stretch your dollars further when grabbing some Bitcoin? There are a few key moves you can use to cut down on costs and make smarter buys, no matter if you’re a beginner or a seasoned investor. Check these out next time you’re ready to buy.

• Cheapest day counts: According to numbers from CryptoCompare and Glassnode, Bitcoin prices tend to slip the lowest from late Sunday night through early Monday morning (UTC). For US buyers especially, Sunday nights seem to be prime time for snagging deals—markets are quieter and fewer folks are trading, often nudging prices down a bit.
• Watch trading volume: Price dips usually line up with lower trading volume. Take a peek at volume charts on exchanges like Binance or Coinbase; if you spot a lull, it could mean a better chance of scoring a lower price.
• Skip the hype: Major headlines or social media buzz can send prices soaring. If you’re not in a rush, wait for things to calm down—boring news cycles have a funny way of bringing prices back to earth.
• Use limit orders: Don’t just hit "buy" at the current rate. Set a limit order at your ideal price. Sometimes the market will dip right where you want, saving you the wait and the anxiety of fast market swings.
• Mind the fees: Even if you buy low, exchange fees can eat into your savings. Stick to platforms with low trading fees, or consider using pro features that reduce fees even more—like converting on Coinbase Pro vs. regular Coinbase.
• Dollar-cost averaging: If timing the market sounds like too much work, automatic daily or weekly buys (spread throughout the month) help average out jumps and dips. This is hands-down one of the safest ways long-term investors save themselves grief over missed timing.

One last thing—no strategy is a sure thing, especially in the world of Bitcoin. But with these steps in your toolkit, you’re covering your bases and avoiding the classic mistake of FOMO buying at the worst moments.