The performance of Bitcoin Cash regarding the price differs every day. To make the best decision to buy Bitcoin Cash, we are analysis in this article the performance of Bitcoin Cash on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 9th, 2023 to December 9th, 2023.
In the barchart below, the weekdays and average performance of Bitcoin Cash are shown side by side.
According to the performance of Bitcoin Cash between November 9th, 2023 and December 9th, 2023, Bitcoin Cash performed the best on Thursdays. On average, the price of Bitcoin Cash increased 0.59% on Thursday.
The weekday on which the Bitcoin Cash performed the worst, is Sunday. On Sundays, the Bitcoin Cash declined in value on average by -0.31%.
Bitcoin Cash weekday performance
Allthough the Bitcoin Cash decreases in value with -0.31% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Cash on Sundays is 0.92%. This means that the expected change of the value of Bitcoin Cash is between -1.24% and 0.61% on 68 out of 100 Sundays.
Bitcoin Cash increased in value on an average Monday only slightly. The average increase in value of the Bitcoin Cash was 0.19%. Allthough the Bitcoin Cash closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.37%). This means that on 68 percent of the Mondays, the change in price of the Bitcoin Cash is expected to be in the range of -0.18% and 0.56%.
It is hard to tell whether the Bitcoin Cash will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bitcoin Cash is -0.01%. However, the standard deviation on this weekday is 0.50%. This means that on most Tuesdays, the change in value of the Bitcoin Cash is between -0.51% and 0.50%.
On an average Wednesday, the Bitcoin Cash increased 0.46%. However, since the expected deviation is 0.50%, the Bitcoin Cash will decline in value on a Wednesday quiet regularly. The expected price change of the Bitcoin Cash on a Wednesday is between -0.04% and 0.97%.
On an average Thursday, the Bitcoin Cash increased 0.59%. However, since the expected deviation is 1.06%, the Bitcoin Cash will decline in value on a Thursday quiet regularly. The expected price change of the Bitcoin Cash on a Thursday is between -0.46% and 1.65%.
It is hard to tell whether the Bitcoin Cash will increase or decrease in value on an average Friday. The average change on a Friday for the Bitcoin Cash is -0.10%. However, the standard deviation on this weekday is 0.32%. This means that on most Fridays, the change in value of the Bitcoin Cash is between -0.43% and 0.22%.
It is hard to tell whether the Bitcoin Cash will increase or decrease in value on an average Saturday. The average change on a Saturday for the Bitcoin Cash is -0.11%. However, the standard deviation on this weekday is 0.44%. This means that on most Saturdays, the change in value of the Bitcoin Cash is between -0.55% and 0.34%.
Bitcoin Cash weekday performance details
Find below the details of the performance of Bitcoin Cash per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.
| Weekday | Average change (%) | Standard deviation (%) | 68% range |
| Sunday | -0.31% | 0.92% | -1.24% to 0.61% |
| Monday | 0.19% | 0.37% | -0.18% to 0.56% |
| Tuesday | -0.01% | 0.50% | -0.51% to 0.50% |
| Wednesday | 0.46% | 0.50% | -0.04% to 0.97% |
| Thursday | 0.59% | 1.06% | -0.46% to 1.65% |
| Friday | -0.10% | 0.32% | -0.43% to 0.22% |
| Saturday | -0.11% | 0.44% | -0.55% to 0.34% |