Bitcoin Gold (BTG)

Current price: $ 7.90

24 hours price change: $ -0.11 (-1.42%)

Daily analysis of Bitcoin Gold (BTG) - 6 months

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 6 months, starting on April 24th, 2020 to October 23rd, 2020.

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 04/24/2020 and 10/23/2020.

According to the performance of Bitcoin Gold between April 24th, 2020 and October 23rd, 2020, Bitcoin Gold performed the best on Thursdays. On average, the price of Bitcoin Gold increased 0.18% on Thursday.

The weekday on which the Bitcoin Gold performed the worst, is Wednesday. On Wednesdays, the Bitcoin Gold declined in value on average by -0.15%.

Bitcoin Gold weekday performance

Bitcoin Gold increased in value on an average Sunday only slightly. The average increase in value of the Bitcoin Gold was 0.17%. 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 (0.91%). This means that on 68 percent of the Sundays, the change in price of the Bitcoin Gold is expected to be in the range of -0.74% and 1.09%.

Bitcoin Gold increased in value on an average Monday only slightly. The average increase in value of the Bitcoin Gold was 0.02%. 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 (0.17%). This means that on 68 percent of the Mondays, the change in price of the Bitcoin Gold is expected to be in the range of -0.15% and 0.19%.

It is hard to tell whether the Bitcoin Gold will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bitcoin Gold is -0.07%. However, the standard deviation on this weekday is 0.34%. This means that on most Tuesdays, the change in value of the Bitcoin Gold is between -0.41% and 0.27%.

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 -0.15%. However, the standard deviation on this weekday is 0.74%. This means that on most Wednesdays, the change in value of the Bitcoin Gold is between -0.89% and 0.60%.

Bitcoin Gold increased in value on an average Thursday only slightly. The average increase in value of the Bitcoin Gold was 0.18%. 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 (0.74%). 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 -0.57% and 0.92%.

Bitcoin Gold increased in value on an average Friday only slightly. The average increase in value of the Bitcoin Gold was 0.05%. 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 (0.28%). 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 -0.24% and 0.33%.

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 -0.02%. However, the standard deviation on this weekday is 0.14%. This means that on most Saturdays, the change in value of the Bitcoin Gold is between -0.17% and 0.12%.

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 0.17% 0.91% -0.74% to 1.09%
Monday 0.02% 0.17% -0.15% to 0.19%
Tuesday -0.07% 0.34% -0.41% to 0.27%
Wednesday -0.15% 0.74% -0.89% to 0.60%
Thursday 0.18% 0.74% -0.57% to 0.92%
Friday 0.05% 0.28% -0.24% to 0.33%
Saturday -0.02% 0.14% -0.17% to 0.12%
 

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