Bitcoin Diamond (BCD)

Current price: $ 1.73

24 hours price change: $ -0.02 (-0.90%)

Daily analysis of Bitcoin Diamond (BCD) - 1 month

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 1 month, starting on June 25th, 2021 to July 25th, 2021.

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 06/25/2021 and 07/25/2021.

According to the performance of Bitcoin Diamond between June 25th, 2021 and July 25th, 2021, Bitcoin Diamond performed the best on Tuesdays. On average, the price of Bitcoin Diamond increased 1.37% on Tuesday.

The weekday on which the Bitcoin Diamond performed the worst, is Friday. On Fridays, the Bitcoin Diamond declined in value on average by -1.45%.

Bitcoin Diamond weekday performance

Historical performance on Sunday 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 Sunday with 0.90%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Diamond on a Sunday is between -0.94% and 2.73% (see also the table below).

On an average Monday, the Bitcoin Diamond increased 0.48%. However, since the expected deviation is 1.16%, the Bitcoin Diamond will decline in value on a Monday quiet regularly. The expected price change of the Bitcoin Diamond on a Monday is between -0.68% and 1.65%.

On an average Tuesday the Bitcoin Diamond shows an increase in value of 1.37%. However, the change of Bitcoin Diamond on most of the Tuesdays is between -1.03% and 3.78%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Bitcoin Diamonds.

The Bitcoin Diamond declines in value on an average Wednesday with -1.24%. However, the uncertainty (or standard deviation) is quite large, namely 1.71%. This means that it is not possible to say whether on a regular Wednesday the Bitcoin Diamond will increase or decrease in value.

It is hard to tell whether the Bitcoin Diamond will increase or decrease in value on an average Thursday. The average change on a Thursday for the Bitcoin Diamond is -0.01%. However, the standard deviation on this weekday is 0.14%. This means that on most Thursdays, the change in value of the Bitcoin Diamond is between -0.15% and 0.13%.

The Bitcoin Diamond declines in value on an average Friday with -1.45%. However, the uncertainty (or standard deviation) is quite large, namely 3.05%. This means that it is not possible to say whether on a regular Friday the Bitcoin Diamond will increase or decrease in value.

On an average Saturday, the Bitcoin Diamond increased 0.30%. However, since the expected deviation is 0.63%, the Bitcoin Diamond will decline in value on a Saturday quiet regularly. The expected price change of the Bitcoin Diamond on a Saturday is between -0.33% and 0.94%.

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 0.90% 1.83% -0.94% to 2.73%
Monday 0.48% 1.16% -0.68% to 1.65%
Tuesday 1.37% 2.41% -1.03% to 3.78%
Wednesday -1.24% 1.71% -2.95% to 0.46%
Thursday -0.01% 0.14% -0.15% to 0.13%
Friday -1.45% 3.05% -4.50% to 1.61%
Saturday 0.30% 0.63% -0.33% to 0.94%
 

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