Bitcoin Cash (BCH)

Current price: $ 130.82

24 hours price change: $ -3.79 (-2.82%)

Daily analysis of Bitcoin Cash (BCH) - 3 months

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 3 months, starting on November 9th, 2022 to February 9th, 2023.

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 11/09/2022 and 02/09/2023.

According to the performance of Bitcoin Cash between November 9th, 2022 and February 9th, 2023, Bitcoin Cash performed the best on Thursdays. On average, the price of Bitcoin Cash increased 0.49% on Thursday.

The weekday on which the Bitcoin Cash performed the worst, is Saturday. On Saturdays, the Bitcoin Cash rose in value on average by 0.06%. The price still increased on Saturdays, allthough it was the smallest increase of all days on average.

Bitcoin Cash weekday performance

Bitcoin Cash increased in value on an average Sunday only slightly. The average increase in value of the Bitcoin Cash was 0.16%. 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 (1.09%). This means that on 68 percent of the Sundays, the change in price of the Bitcoin Cash is expected to be in the range of -0.93% and 1.25%.

On an average Monday, the Bitcoin Cash increased 0.42%. However, since the expected deviation is 0.72%, the Bitcoin Cash will decline in value on a Monday quiet regularly. The expected price change of the Bitcoin Cash on a Monday is between -0.30% and 1.15%.

Bitcoin Cash increased in value on an average Tuesday only slightly. The average increase in value of the Bitcoin Cash was 0.10%. 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 (0.50%). 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 -0.40% and 0.59%.

Bitcoin Cash increased in value on an average Wednesday only slightly. The average increase in value of the Bitcoin Cash was 0.29%. 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 (0.82%). This means that on 68 percent of the Wednesdays, the change in price of the Bitcoin Cash is expected to be in the range of -0.53% and 1.11%.

On an average Thursday, the Bitcoin Cash increased 0.49%. However, since the expected deviation is 0.80%, 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 -0.32% and 1.29%.

Bitcoin Cash increased in value on an average Friday only slightly. The average increase in value of the Bitcoin Cash was 0.15%. 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 (0.49%). 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 -0.35% and 0.64%.

Bitcoin Cash increased in value on an average Saturday only slightly. The average increase in value of the Bitcoin Cash was 0.06%. 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 (0.52%). This means that on 68 percent of the Saturdays, the change in price of the Bitcoin Cash is expected to be in the range of -0.46% and 0.58%.

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 0.16% 1.09% -0.93% to 1.25%
Monday 0.42% 0.72% -0.30% to 1.15%
Tuesday 0.10% 0.50% -0.40% to 0.59%
Wednesday 0.29% 0.82% -0.53% to 1.11%
Thursday 0.49% 0.80% -0.32% to 1.29%
Friday 0.15% 0.49% -0.35% to 0.64%
Saturday 0.06% 0.52% -0.46% to 0.58%
 

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