Bitcoin Gold (BTG)

Current price: $ 34.37

24 hours price change: $ -0.26 (-0.75%)

Daily analysis of Bitcoin Gold (BTG) - 1 year

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 year, starting on April 24th, 2023 to April 24th, 2024.

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 04/24/2023 and 04/24/2024.

According to the performance of Bitcoin Gold between April 24th, 2023 and April 24th, 2024, Bitcoin Gold performed the best on Wednesdays. On average, the price of Bitcoin Gold increased 0.87% on Wednesday.

The weekday on which the Bitcoin Gold performed the worst, is Friday. On Fridays, the Bitcoin Gold rose in value on average by 0.10%. The price still increased on Fridays, allthough it was the smallest increase of all days on average.

Bitcoin Gold weekday performance

Historical performance on Sunday do not show an increase in value of the Bitcoin Gold on which a prediction can be made. The Bitcoin Gold increased in value on average on an average Sunday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Gold on a Sunday is between -1.70% and 2.93% (see also the table below).

On an average Monday, the Bitcoin Gold increased 0.54%. However, since the expected deviation is 1.96%, 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 -1.42% and 2.50%.

On an average Tuesday, the Bitcoin Gold increased 0.34%. However, since the expected deviation is 1.62%, the Bitcoin Gold will decline in value on a Tuesday quiet regularly. The expected price change of the Bitcoin Gold on a Tuesday is between -1.28% and 1.95%.

Historical performance on Wednesday do not show an increase in value of the Bitcoin Gold on which a prediction can be made. The Bitcoin Gold increased in value on average on an average Wednesday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Gold on a Wednesday is between -2.05% and 3.79% (see also the table below).

On an average Thursday, the Bitcoin Gold increased 0.57%. However, since the expected deviation is 2.20%, the Bitcoin Gold will decline in value on a Thursday quiet regularly. The expected price change of the Bitcoin Gold on a Thursday is between -1.63% and 2.77%.

Bitcoin Gold increased in value on an average Friday only slightly. The average increase in value of the Bitcoin Gold was 0.10%. 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 (1.95%). 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 -1.85% and 2.04%.

On an average Saturday, the Bitcoin Gold increased 0.48%. However, since the expected deviation is 2.18%, the Bitcoin Gold will decline in value on a Saturday quiet regularly. The expected price change of the Bitcoin Gold on a Saturday is between -1.71% and 2.66%.

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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 0.61% 2.31% -1.70% to 2.93%
Monday 0.54% 1.96% -1.42% to 2.50%
Tuesday 0.34% 1.62% -1.28% to 1.95%
Wednesday 0.87% 2.92% -2.05% to 3.79%
Thursday 0.57% 2.20% -1.63% to 2.77%
Friday 0.10% 1.95% -1.85% to 2.04%
Saturday 0.48% 2.18% -1.71% to 2.66%
 

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