Bitcoin Gold (BTG)

Current price: $ 26.29

24 hours price change: $ -1.09 (-3.98%)

Daily analysis of Bitcoin Gold (BTG) - 1 month

The performance of Bitcoin Gold regarding the price differs every day. To make the best decision to buy Bitcoin Gold, we are analysis in this article the performance of Bitcoin Gold on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 21st, 2019 to July 20th, 2019.

In the barchart below, the weekdays and average performance of Bitcoin Gold are shown side by side.

Average daily change in price of Bitcoin Gold per weekday between 06/21/2019 and 07/20/2019.

According to the performance of Bitcoin Gold between June 21st, 2019 and July 20th, 2019, Bitcoin Gold performed the best on Fridays. On average, the price of Bitcoin Gold increased 0.38% on Friday.

The weekday on which the Bitcoin Gold performed the worst, is Monday. On Mondays, the Bitcoin Gold declined in value on average by -0.21%.

Bitcoin Gold weekday performance

It is hard to tell whether the Bitcoin Gold will increase or decrease in value on an average Sunday. The average change on a Sunday for the Bitcoin Gold is -0.07%. However, the standard deviation on this weekday is 0.05%. This means that on most Sundays, the change in value of the Bitcoin Gold is between -0.12% and -0.02%.

It is hard to tell whether the Bitcoin Gold will increase or decrease in value on an average Monday. The average change on a Monday for the Bitcoin Gold is -0.21%. However, the standard deviation on this weekday is 0.50%. This means that on most Mondays, the change in value of the Bitcoin Gold is between -0.71% and 0.29%.

Bitcoin Gold increased in value on an average Tuesday only slightly. The average increase in value of the Bitcoin Gold was 0.09%. Allthough the Bitcoin Gold closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.15%). This means that on 68 percent of the Tuesdays, the change in price of the Bitcoin Gold is expected to be in the range of -0.06% and 0.24%.

It is hard to tell whether the Bitcoin Gold will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Bitcoin Gold is -0.18%. However, the standard deviation on this weekday is 0.40%. This means that on most Wednesdays, the change in value of the Bitcoin Gold is between -0.58% and 0.22%.

Bitcoin Gold increased in value on an average Thursday only slightly. The average increase in value of the Bitcoin Gold was 0.26%. Allthough the Bitcoin Gold closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.70%). This means that on 68 percent of the Thursdays, the change in price of the Bitcoin Gold is expected to be in the range of -0.43% and 0.96%.

On an average Friday, the Bitcoin Gold increased 0.38%. However, since the expected deviation is 0.45%, the Bitcoin Gold will decline in value on a Friday quiet regularly. The expected price change of the Bitcoin Gold on a Friday is between -0.07% and 0.83%.

Bitcoin Gold increased in value on an average Saturday only slightly. The average increase in value of the Bitcoin Gold was 0.28%. Allthough the Bitcoin Gold closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.40%). This means that on 68 percent of the Saturdays, the change in price of the Bitcoin Gold is expected to be in the range of -0.12% and 0.67%.

Bitcoin Gold weekday performance details

Find below the details of the performance of Bitcoin Gold 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.07%0.05%-0.12% to -0.02%
Monday-0.21%0.50%-0.71% to 0.29%
Tuesday0.09%0.15%-0.06% to 0.24%
Wednesday-0.18%0.40%-0.58% to 0.22%
Thursday0.26%0.70%-0.43% to 0.96%
Friday0.38%0.45%-0.07% to 0.83%
Saturday0.28%0.40%-0.12% to 0.67%