Bitcoin Cash (BCH)

Current price: $ 278.93

24 hours price change: $ -26.52 (-8.68%)

Daily analysis of Bitcoin Cash (BCH) - 1 month

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 March 24th, 2019 to April 23rd, 2019.

In the barchart below, the weekdays and average performance of Bitcoin Cash are shown side by side.

Average daily change in price of Bitcoin Cash per weekday between 03/24/2019 and 04/23/2019.

According to the performance of Bitcoin Cash between March 24th, 2019 and April 23rd, 2019, Bitcoin Cash performed the best on Fridays. On average, the price of Bitcoin Cash increased 0.03% on Friday.

The weekday on which the Bitcoin Cash performed the worst, is Sunday. On Sundays, the Bitcoin Cash declined in value on average by -0.41%.

Bitcoin Cash weekday performance

Allthough the Bitcoin Cash decreases in value with -0.41% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Cash on Sundays is 0.98%. This means that the expected change of the value of Bitcoin Cash is between -1.40% and 0.57% on 68 out of 100 Sundays.

It is hard to tell whether the Bitcoin Cash will increase or decrease in value on an average Monday. The average change on a Monday for the Bitcoin Cash is -0.15%. However, the standard deviation on this weekday is 0.43%. This means that on most Mondays, the change in value of the Bitcoin Cash is between -0.58% and 0.28%.

Bitcoin Cash increased in value on an average Tuesday only slightly. The average increase in value of the Bitcoin Cash was 0.01%. 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 (1.04%). This means that on 68 percent of the Tuesdays, the change in price of the Bitcoin Cash is expected to be in the range of -1.03% and 1.05%.

It is hard to tell whether the Bitcoin Cash will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Bitcoin Cash is -0.23%. However, the standard deviation on this weekday is 0.41%. This means that on most Wednesdays, the change in value of the Bitcoin Cash is between -0.64% and 0.17%.

It is hard to tell whether the Bitcoin Cash will increase or decrease in value on an average Thursday. The average change on a Thursday for the Bitcoin Cash is -0.16%. However, the standard deviation on this weekday is 0.69%. This means that on most Thursdays, the change in value of the Bitcoin Cash is between -0.85% and 0.53%.

Bitcoin Cash increased in value on an average Friday only slightly. The average increase in value of the Bitcoin Cash was 0.03%. 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 (0.32%). This means that on 68 percent of the Fridays, the change in price of the Bitcoin Cash is expected to be in the range of -0.29% and 0.34%.

Allthough the Bitcoin Cash decreases in value with -0.31% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Cash on Saturdays is 0.25%. This means that the expected change of the value of Bitcoin Cash is between -0.56% and -0.05% on 68 out of 100 Saturdays.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.41%0.98%-1.40% to 0.57%
Monday-0.15%0.43%-0.58% to 0.28%
Tuesday0.01%1.04%-1.03% to 1.05%
Wednesday-0.23%0.41%-0.64% to 0.17%
Thursday-0.16%0.69%-0.85% to 0.53%
Friday0.03%0.32%-0.29% to 0.34%
Saturday-0.31%0.25%-0.56% to -0.05%