Bitcoin Diamond (BCD)

Current price: $ 0.16

24 hours price change: $ 0.006600 (4.21%)

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 December 28th, 2022 to January 28th, 2023.

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 12/28/2022 and 01/28/2023.

According to the performance of Bitcoin Diamond between December 28th, 2022 and January 28th, 2023, Bitcoin Diamond performed the best on Thursdays. On average, the price of Bitcoin Diamond increased 2.05% on Thursday.

The weekday on which the Bitcoin Diamond performed the worst, is Friday. On Fridays, the Bitcoin Diamond declined in value on average by -0.78%.

Bitcoin Diamond weekday performance

On an average Sunday, the Bitcoin Diamond increased 0.33%. However, since the expected deviation is 0.82%, the Bitcoin Diamond will decline in value on a Sunday quiet regularly. The expected price change of the Bitcoin Diamond on a Sunday is between -0.49% and 1.16%.

On an average Monday the Bitcoin Diamond shows a high increase in value, namely 1.68%. The standard deviation is below the average increase percentage (standard deviation is 1.54%), meaning that on 68% of the Mondays the Bitcoin Diamond will increase with a percentage between 0.14% and 3.22%. This also means that, on average, on 16 percent of the Mondays, the Bitcoin Diamond will increase with a percentage above this range. On the other 16% of the Mondays, the Bitcoin Diamond will change with a percentage below the 0.14%.

On an average Tuesday the Bitcoin Diamond shows an increase in value of 1.83%. However, the change of Bitcoin Diamond on most of the Tuesdays is between -0.46% and 4.12%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Bitcoin Diamonds.

Bitcoin Diamond increased in value on an average Wednesday only slightly. The average increase in value of the Bitcoin Diamond was 0.07%. Allthough the Bitcoin Diamond closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.99%). This means that on 68 percent of the Wednesdays, the change in price of the Bitcoin Diamond is expected to be in the range of -1.92% and 2.06%.

On an average Thursday the Bitcoin Diamond shows an increase in value of 2.05%. However, the change of Bitcoin Diamond on most of the Thursdays is between -0.25% and 4.35%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Bitcoin Diamonds.

On Fridays, the Bitcoin Diamond decreases in value on average with -0.78%. On most of the Fridays the Bitcoin Diamond decreases in value between -1.45% and -0.12%. The uncertainty (0.67%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the Bitcoin Diamond on Fridays is large.

It is hard to tell whether the Bitcoin Diamond will increase or decrease in value on an average Saturday. The average change on a Saturday for the Bitcoin Diamond is -0.25%. However, the standard deviation on this weekday is 0.68%. This means that on most Saturdays, the change in value of the Bitcoin Diamond is between -0.94% and 0.43%.

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 0.33% 0.82% -0.49% to 1.16%
Monday 1.68% 1.54% 0.14% to 3.22%
Tuesday 1.83% 2.29% -0.46% to 4.12%
Wednesday 0.07% 1.99% -1.92% to 2.06%
Thursday 2.05% 2.30% -0.25% to 4.35%
Friday -0.78% 0.67% -1.45% to -0.12%
Saturday -0.25% 0.68% -0.94% to 0.43%
 

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: Financial indicators for cryptocurrencies