Bitcoin Diamond (BCD)

Current price: $ 0.58

24 hours price change: $ -0.009286 (-1.57%)

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 August 19th, 2020 to September 18th, 2020.

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 08/19/2020 and 09/18/2020.

According to the performance of Bitcoin Diamond between August 19th, 2020 and September 18th, 2020, Bitcoin Diamond performed the best on Thursdays. On average, the price of Bitcoin Diamond increased 0.77% on Thursday.

The weekday on which the Bitcoin Diamond performed the worst, is Monday. On Mondays, the Bitcoin Diamond declined in value on average by -0.03%.

Bitcoin Diamond weekday performance

Bitcoin Diamond increased in value on an average Sunday only slightly. The average increase in value of the Bitcoin Diamond was 0.04%. 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 (0.04%). This means that on 68 percent of the Sundays, the change in price of the Bitcoin Diamond is expected to be in the range of 0.00% and 0.08%.

It is hard to tell whether the Bitcoin Diamond will increase or decrease in value on an average Monday. The average change on a Monday for the Bitcoin Diamond is -0.03%. However, the standard deviation on this weekday is 0.14%. This means that on most Mondays, the change in value of the Bitcoin Diamond is between -0.17% and 0.11%.

Bitcoin Diamond increased in value on an average Tuesday only slightly. The average increase in value of the Bitcoin Diamond was 0.01%. 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 (0.12%). This means that on 68 percent of the Tuesdays, the change in price of the Bitcoin Diamond is expected to be in the range of -0.12% and 0.13%.

It is hard to tell whether the Bitcoin Diamond will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Bitcoin Diamond is -0.02%. However, the standard deviation on this weekday is 0.07%. This means that on most Wednesdays, the change in value of the Bitcoin Diamond is between -0.09% and 0.05%.

Historical performance on Thursday 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 Thursday with 0.77%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Diamond on a Thursday is between -0.66% and 2.20% (see also the table below).

It is hard to tell whether the Bitcoin Diamond will increase or decrease in value on an average Friday. The average change on a Friday for the Bitcoin Diamond is -0.01%. However, the standard deviation on this weekday is 0.13%. This means that on most Fridays, the change in value of the Bitcoin Diamond is between -0.14% and 0.12%.

Bitcoin Diamond increased in value on an average Saturday only slightly. The average increase in value of the Bitcoin Diamond was 0.00%. 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 (0.05%). This means that on 68 percent of the Saturdays, the change in price of the Bitcoin Diamond is expected to be in the range of -0.05% and 0.06%.

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 0.04% 0.04% 0.00% to 0.08%
Monday -0.03% 0.14% -0.17% to 0.11%
Tuesday 0.01% 0.12% -0.12% to 0.13%
Wednesday -0.02% 0.07% -0.09% to 0.05%
Thursday 0.77% 1.43% -0.66% to 2.20%
Friday -0.01% 0.13% -0.14% to 0.12%
Saturday 0.00% 0.05% -0.05% to 0.06%
 

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