Bitcoin Gold (BTG)

Current price: $ 12.44

24 hours price change: $ 0.39 (3.24%)

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 January 19th, 2019 to February 19th, 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 01/19/2019 and 02/19/2019.

According to the performance of Bitcoin Gold between January 19th, 2019 and February 19th, 2019, Bitcoin Gold performed the best on Sundays. On average, the price of Bitcoin Gold increased 1.12% on Sunday.

The weekday on which the Bitcoin Gold performed the worst, is Tuesday. On Tuesdays, the Bitcoin Gold declined in value on average by -0.79%.

Bitcoin Gold weekday performance

On an average Sunday the Bitcoin Gold shows an increase in value of 1.12%. However, the change of Bitcoin Gold on most of the Sundays is between -2.43% and 4.67%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Bitcoin Golds.

On an average Monday, the Bitcoin Gold increased 0.54%. However, since the expected deviation is 1.37%, the Bitcoin Gold will decline in value on a Monday quiet regularly. The expected price change of the Bitcoin Gold on a Monday is between -0.83% and 1.91%.

On Tuesdays, the Bitcoin Gold decreases in value on average with -0.79%. On most of the Tuesdays the Bitcoin Gold decreases in value between -1.47% and -0.11%. The uncertainty (0.68%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Bitcoin Gold on Tuesdays is large.

On an average Wednesday, the Bitcoin Gold increased 0.45%. However, since the expected deviation is 0.83%, the Bitcoin Gold will decline in value on a Wednesday quiet regularly. The expected price change of the Bitcoin Gold on a Wednesday is between -0.37% and 1.28%.

Allthough the Bitcoin Gold decreases in value with -0.41% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Gold on Thursdays is 0.36%. This means that the expected change of the value of Bitcoin Gold is between -0.76% and -0.05% on 68 out of 100 Thursdays.

Bitcoin Gold increased in value on an average Friday only slightly. The average increase in value of the Bitcoin Gold was 0.27%. 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 (0.44%). This means that on 68 percent of the Fridays, the change in price of the Bitcoin Gold is expected to be in the range of -0.17% and 0.70%.

It is hard to tell whether the Bitcoin Gold will increase or decrease in value on an average Saturday. The average change on a Saturday for the Bitcoin Gold is -0.23%. However, the standard deviation on this weekday is 0.53%. This means that on most Saturdays, the change in value of the Bitcoin Gold is between -0.76% and 0.30%.

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
Sunday1.12%3.55%-2.43% to 4.67%
Monday0.54%1.37%-0.83% to 1.91%
Tuesday-0.79%0.68%-1.47% to -0.11%
Wednesday0.45%0.83%-0.37% to 1.28%
Thursday-0.41%0.36%-0.76% to -0.05%
Friday0.27%0.44%-0.17% to 0.70%
Saturday-0.23%0.53%-0.76% to 0.30%