Bitcoin Private (BTCP)

Current price: $ 0.34

24 hours price change: $ -0.05 (-13.83%)

Daily analysis of Bitcoin Private (BTCP) - all

The performance of Bitcoin Private regarding the price differs every day. To make the best decision to buy Bitcoin Private, we are analysis in this article the performance of Bitcoin Private on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on March 15th, 2018 to May 23rd, 2019.

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

Average daily change in price of Bitcoin Private per weekday between 03/15/2018 and 05/23/2019.

According to the performance of Bitcoin Private between March 15th, 2018 and May 23rd, 2019, Bitcoin Private performed the best on Fridays. On average, the price of Bitcoin Private increased inf% on Friday.

The weekday on which the Bitcoin Private performed the worst, is Saturday. On Saturdays, the Bitcoin Private declined in value on average by -1.26%.

Bitcoin Private weekday performance

Bitcoin Private increased in value on an average Sunday only slightly. The average increase in value of the Bitcoin Private was 0.11%. Allthough the Bitcoin Private closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.43%). This means that on 68 percent of the Sundays, the change in price of the Bitcoin Private is expected to be in the range of -3.32% and 3.54%.

Bitcoin Private increased in value on an average Monday only slightly. The average increase in value of the Bitcoin Private was 0.25%. Allthough the Bitcoin Private closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.06%). This means that on 68 percent of the Mondays, the change in price of the Bitcoin Private is expected to be in the range of -2.81% and 3.32%.

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bitcoin Private is -0.16%. However, the standard deviation on this weekday is 3.09%. This means that on most Tuesdays, the change in value of the Bitcoin Private is between -3.25% and 2.94%.

The increase in value of the Bitcoin Private is 3.94% on an average Wednesday. However, the uncertainty on the average change is high for the Bitcoin Private on Wednesdays. This is the reason why an expected increase of the Bitcoin Private on an average Wednesday cannot be predicted. The standard deviation for Bitcoin Private on Wednesdays is high, namely 16.70%. This means that the expected range of value change for the Bitcoin Private is -12.76% and 20.65% on 68% of the Wednesdays.

On an average Thursday the Bitcoin Private shows an increase in value of 1.06%. However, the change of Bitcoin Private on most of the Thursdays is between -6.63% and 8.76%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Bitcoin Privates.

On Fridays, the average increase of the value of the Bitcoin Private is very high. The average increase is inf%. The standard deviation of the Bitcoin Private on Fridays is nan%. This means that on 68% of the Fridays, the Bitcoin Private increases between nan% and nan%. The uncertainty is therefore not very high, since on most Fridays, the value of the Bitcoin Private will increase.

The Bitcoin Private declines in value on an average Saturday with -1.26%. However, the uncertainty (or standard deviation) is quite large, namely 5.94%. This means that it is not possible to say whether on a regular Saturday the Bitcoin Private will increase or decrease in value.

Bitcoin Private weekday performance details

Find below the details of the performance of Bitcoin Private 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
Sunday0.11%3.43%-3.32% to 3.54%
Monday0.25%3.06%-2.81% to 3.32%
Tuesday-0.16%3.09%-3.25% to 2.94%
Wednesday3.94%16.70%-12.76% to 20.65%
Thursday1.06%7.70%-6.63% to 8.76%
Fridayinf%nan%nan% to nan%
Saturday-1.26%5.94%-7.19% to 4.68%