Bitcoin Diamond (BCD)

Current price: $ 0.13

24 hours price change: $ 0.002426 (1.85%)

Daily analysis of Bitcoin Diamond (BCD) - 1 year

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 year, starting on November 30th, 2021 to November 30th, 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 11/30/2021 and 11/30/2022.

According to the performance of Bitcoin Diamond between November 30th, 2021 and November 30th, 2022, Bitcoin Diamond performed the best on Wednesdays. On average, the price of Bitcoin Diamond increased 0.64% on Wednesday.

The weekday on which the Bitcoin Diamond performed the worst, is Saturday. On Saturdays, the Bitcoin Diamond declined in value on average by -0.65%.

Bitcoin Diamond weekday performance

It is hard to tell whether the Bitcoin Diamond will increase or decrease in value on an average Sunday. The average change on a Sunday for the Bitcoin Diamond is -0.05%. However, the standard deviation on this weekday is 0.66%. This means that on most Sundays, the change in value of the Bitcoin Diamond is between -0.70% and 0.61%.

Allthough the Bitcoin Diamond decreases in value with -0.33% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Diamond on Mondays is 1.02%. This means that the expected change of the value of Bitcoin Diamond is between -1.34% and 0.69% on 68 out of 100 Mondays.

On an average Tuesday, the Bitcoin Diamond increased 0.31%. However, since the expected deviation is 2.64%, the Bitcoin Diamond will decline in value on a Tuesday quiet regularly. The expected price change of the Bitcoin Diamond on a Tuesday is between -2.34% and 2.95%.

Historical performance on Wednesday 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 Wednesday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Diamond on a Wednesday is between -3.22% and 4.50% (see also the table below).

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 -0.11%. However, the standard deviation on this weekday is 2.39%. This means that on most Thursdays, the change in value of the Bitcoin Diamond is between -2.51% and 2.28%.

Allthough the Bitcoin Diamond decreases in value with -0.43% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Diamond on Fridays is 1.84%. This means that the expected change of the value of Bitcoin Diamond is between -2.27% and 1.41% on 68 out of 100 Fridays.

On Saturdays, the Bitcoin Diamond decreases in value on average with -0.65%. On most of the Saturdays the Bitcoin Diamond decreases in value between -3.24% and 1.94%. The uncertainty (2.59%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Bitcoin Diamond on Saturdays is large.

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 -0.05% 0.66% -0.70% to 0.61%
Monday -0.33% 1.02% -1.34% to 0.69%
Tuesday 0.31% 2.64% -2.34% to 2.95%
Wednesday 0.64% 3.86% -3.22% to 4.50%
Thursday -0.11% 2.39% -2.51% to 2.28%
Friday -0.43% 1.84% -2.27% to 1.41%
Saturday -0.65% 2.59% -3.24% to 1.94%
 

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