Bitcoin ($BTC ) generally exhibits suppressed weekend volume due to the absence of the primary liquidity providers. Institutional participants—funds, proprietary trading desks, market-making firms, and other large-order flow sources—conduct the majority of their activity during weekdays when traditional markets are operational and liquidity is deepest.
Consequently, weekend order books tend to show:
thinner liquidity across levels
minimal institutional or algorithmic flow
reduced market-maker presence and wider spreads
