Bitcoin Diamond (BCD)

Current price: $ 0.60

24 hours price change: $ 0.002062 (0.35%)

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 23rd, 2019 to September 22nd, 2019.

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 08/23/2019 and 09/22/2019.

According to the performance of Bitcoin Diamond between August 23rd, 2019 and September 22nd, 2019, Bitcoin Diamond performed the best on Mondays. On average, the price of Bitcoin Diamond increased 7.03% on Monday.

The weekday on which the Bitcoin Diamond performed the worst, is Friday. On Fridays, the Bitcoin Diamond declined in value on average by -9.42%.

Bitcoin Diamond weekday performance

On an average Sunday the Bitcoin Diamond shows an increase in value of 1.73%. However, the change of Bitcoin Diamond on most of the Sundays is between -3.25% and 6.70%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Bitcoin Diamonds.

The increase in value of the Bitcoin Diamond is 7.03% on an average Monday. However, the uncertainty on the average change is high for the Bitcoin Diamond on Mondays. This is the reason why an expected increase of the Bitcoin Diamond on an average Monday cannot be predicted. The standard deviation for Bitcoin Diamond on Mondays is high, namely 12.43%. This means that the expected range of value change for the Bitcoin Diamond is -5.41% and 19.46% on 68% of the Mondays.

The Bitcoin Diamond declines in value on an average Tuesday with -2.31%. However, the uncertainty (or standard deviation) is quite large, namely 3.02%. This means that it is not possible to say whether on a regular Tuesday the Bitcoin Diamond will increase or decrease in value.

The increase in value of the Bitcoin Diamond is 4.69% 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 5.18%. This means that the expected range of value change for the Bitcoin Diamond is -0.49% and 9.87% on 68% of the Wednesdays.

On Thursdays, the average increase of the value of the Bitcoin Diamond is very high. The average increase is 6.33%. The standard deviation of the Bitcoin Diamond on Thursdays is 5.35%. This means that on 68% of the Thursdays, the Bitcoin Diamond increases between 0.98% and 11.67%. The uncertainty is therefore not very high, since on most Thursdays, the value of the Bitcoin Diamond will increase.

The decrease in value of the Bitcoin Diamond is -9.42% on an average Friday. The uncertainty of the average change is high for the Bitcoin Diamond on Fridays. This means that it is hard to tell whether the Bitcoin Diamond will decrease or increase in value on an average Friday. If we look at the 68% range of the Bitcoin Diamond, we see that on 68% of the Fridays, the expected change of the Bitcoin Diamond is between -35.45% and 16.60%.

The Bitcoin Diamond declines in value on an average Saturday with -2.09%. However, the uncertainty (or standard deviation) is quite large, namely 4.40%. This means that it is not possible to say whether on a regular Saturday the Bitcoin Diamond will increase or decrease in value.

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 1.73% 4.98% -3.25% to 6.70%
Monday 7.03% 12.43% -5.41% to 19.46%
Tuesday -2.31% 3.02% -5.33% to 0.71%
Wednesday 4.69% 5.18% -0.49% to 9.87%
Thursday 6.33% 5.35% 0.98% to 11.67%
Friday -9.42% 26.02% -35.45% to 16.60%
Saturday -2.09% 4.40% -6.49% to 2.31%