Bitcoin Diamond (BCD)

Current price: $ 0.14

24 hours price change: $ -0.000900 (-0.65%)

Daily analysis of Bitcoin Diamond (BCD) - all

The performance of Bitcoin Diamond regarding the price differs every day. To make the best decision to buy Bitcoin Diamond, we are analysis in this article the performance of Bitcoin Diamond on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on November 24th, 2017 to December 6th, 2022.

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

Average daily change in price of Bitcoin Diamond per weekday between 11/24/2017 and 12/06/2022.

According to the performance of Bitcoin Diamond between November 24th, 2017 and December 6th, 2022, Bitcoin Diamond performed the best on Tuesdays. On average, the price of Bitcoin Diamond increased 6.40% on Tuesday.

The weekday on which the Bitcoin Diamond performed the worst, is Friday. On Fridays, the Bitcoin Diamond rose in value on average by 0.97%. The price still increased on Fridays, allthough it was the smallest increase of all days on average.

Bitcoin Diamond weekday performance

On an average Sunday the Bitcoin Diamond shows an increase in value of 1.55%. However, the change of Bitcoin Diamond on most of the Sundays is between -38.88% and 41.99%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Bitcoin Diamonds.

On an average Monday the Bitcoin Diamond shows an increase in value of 1.19%. However, the change of Bitcoin Diamond on most of the Mondays is between -20.37% and 22.76%. Therefore it is hard to tell whether an average Monday is a good day to start buying Bitcoin Diamonds.

The increase in value of the Bitcoin Diamond is 6.40% on an average Tuesday. However, the uncertainty on the average change is high for the Bitcoin Diamond on Tuesdays. This is the reason why an expected increase of the Bitcoin Diamond on an average Tuesday cannot be predicted. The standard deviation for Bitcoin Diamond on Tuesdays is high, namely 55.88%. This means that the expected range of value change for the Bitcoin Diamond is -49.49% and 62.28% on 68% of the Tuesdays.

The increase in value of the Bitcoin Diamond is 5.15% on an average Wednesday. However, the uncertainty on the average change is high for the Bitcoin Diamond on Wednesdays. This is the reason why an expected increase of the Bitcoin Diamond on an average Wednesday cannot be predicted. The standard deviation for Bitcoin Diamond on Wednesdays is high, namely 57.87%. This means that the expected range of value change for the Bitcoin Diamond is -52.72% and 63.02% on 68% of the Wednesdays.

The increase in value of the Bitcoin Diamond is 4.12% on an average Thursday. However, the uncertainty on the average change is high for the Bitcoin Diamond on Thursdays. This is the reason why an expected increase of the Bitcoin Diamond on an average Thursday cannot be predicted. The standard deviation for Bitcoin Diamond on Thursdays is high, namely 45.39%. This means that the expected range of value change for the Bitcoin Diamond is -41.27% and 49.52% on 68% of the Thursdays.

Historical performance on Friday do not show an increase in value of the Bitcoin Diamond on which a prediction can be made. The Bitcoin Diamond increased in value on average on an average Friday with 0.97%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Diamond on a Friday is between -25.60% and 27.55% (see also the table below).

The increase in value of the Bitcoin Diamond is 3.79% on an average Saturday. However, the uncertainty on the average change is high for the Bitcoin Diamond on Saturdays. This is the reason why an expected increase of the Bitcoin Diamond on an average Saturday cannot be predicted. The standard deviation for Bitcoin Diamond on Saturdays is high, namely 51.66%. This means that the expected range of value change for the Bitcoin Diamond is -47.88% and 55.45% on 68% of the Saturdays.

Bitcoin Diamond weekday performance details

Find below the details of the performance of Bitcoin Diamond 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 1.55% 40.43% -38.88% to 41.99%
Monday 1.19% 21.57% -20.37% to 22.76%
Tuesday 6.40% 55.88% -49.49% to 62.28%
Wednesday 5.15% 57.87% -52.72% to 63.02%
Thursday 4.12% 45.39% -41.27% to 49.52%
Friday 0.97% 26.58% -25.60% to 27.55%
Saturday 3.79% 51.66% -47.88% to 55.45%
 

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