Bitcoin Gold (BTG)

Current price: $ 17.29

24 hours price change: $ 0.08 (0.46%)

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 October 18th, 2018 to April 17th, 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 10/18/2018 and 04/17/2019.

According to the performance of Bitcoin Gold between October 18th, 2018 and April 17th, 2019, Bitcoin Gold performed the best on Fridays. On average, the price of Bitcoin Gold increased 0.46% on Friday.

The weekday on which the Bitcoin Gold performed the worst, is Saturday. On Saturdays, the Bitcoin Gold declined in value on average by -0.54%.

Bitcoin Gold weekday performance

On an average Sunday, the Bitcoin Gold increased 0.39%. However, since the expected deviation is 1.98%, the Bitcoin Gold will decline in value on a Sunday quiet regularly. The expected price change of the Bitcoin Gold on a Sunday is between -1.59% and 2.36%.

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 0.00%. However, the standard deviation on this weekday is 1.60%. This means that on most Mondays, the change in value of the Bitcoin Gold is between -1.60% and 1.59%.

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 -0.19%. However, the standard deviation on this weekday is 0.89%. This means that on most Tuesdays, the change in value of the Bitcoin Gold is between -1.08% and 0.70%.

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 -0.11%. However, the standard deviation on this weekday is 2.43%. This means that on most Wednesdays, the change in value of the Bitcoin Gold is between -2.54% and 2.31%.

It is hard to tell whether the Bitcoin Gold will increase or decrease in value on an average Thursday. The average change on a Thursday for the Bitcoin Gold is -0.09%. However, the standard deviation on this weekday is 0.83%. This means that on most Thursdays, the change in value of the Bitcoin Gold is between -0.92% and 0.74%.

On an average Friday, the Bitcoin Gold increased 0.46%. However, since the expected deviation is 0.92%, 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 -0.46% and 1.37%.

Allthough the Bitcoin Gold decreases in value with -0.54% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Gold on Saturdays is 1.84%. This means that the expected change of the value of Bitcoin Gold is between -2.37% and 1.30% on 68 out of 100 Saturdays.

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
Sunday0.39%1.98%-1.59% to 2.36%
Monday0.00%1.60%-1.60% to 1.59%
Tuesday-0.19%0.89%-1.08% to 0.70%
Wednesday-0.11%2.43%-2.54% to 2.31%
Thursday-0.09%0.83%-0.92% to 0.74%
Friday0.46%0.92%-0.46% to 1.37%
Saturday-0.54%1.84%-2.37% to 1.30%