Bitcoin Diamond (BCD)

Current price: $ 0.84

24 hours price change: $ -0.05 (-5.14%)

Daily analysis of Bitcoin Diamond (BCD) - 6 months

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 6 months, starting on February 5th, 2020 to August 4th, 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 02/05/2020 and 08/04/2020.

According to the performance of Bitcoin Diamond between February 5th, 2020 and August 4th, 2020, Bitcoin Diamond performed the best on Thursdays. On average, the price of Bitcoin Diamond increased 0.97% 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 -0.44%.

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 0.97%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Diamond on a Sunday is between -2.03% and 3.97% (see also the table below).

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 -0.26%. However, the standard deviation on this weekday is 1.40%. This means that on most Mondays, the change in value of the Bitcoin Diamond is between -1.66% and 1.14%.

It is hard to tell whether the Bitcoin Diamond will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bitcoin Diamond is -0.15%. However, the standard deviation on this weekday is 1.03%. This means that on most Tuesdays, the change in value of the Bitcoin Diamond is between -1.18% and 0.88%.

Bitcoin Diamond increased in value on an average Wednesday only slightly. The average increase in value of the Bitcoin Diamond was 0.14%. 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 (1.97%). 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 -1.84% and 2.11%.

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 0.97%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Diamond on a Thursday is between -3.57% and 5.51% (see also the table below).

Allthough the Bitcoin Diamond decreases in value with -0.44% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Diamond on Fridays is 2.51%. This means that the expected change of the value of Bitcoin Diamond is between -2.95% and 2.07% on 68 out of 100 Fridays.

Allthough the Bitcoin Diamond decreases in value with -0.32% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Diamond on Saturdays is 1.36%. This means that the expected change of the value of Bitcoin Diamond is between -1.67% and 1.04% on 68 out of 100 Saturdays.

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 0.97% 3.00% -2.03% to 3.97%
Monday -0.26% 1.40% -1.66% to 1.14%
Tuesday -0.15% 1.03% -1.18% to 0.88%
Wednesday 0.14% 1.97% -1.84% to 2.11%
Thursday 0.97% 4.54% -3.57% to 5.51%
Friday -0.44% 2.51% -2.95% to 2.07%
Saturday -0.32% 1.36% -1.67% to 1.04%
 

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