Bitcoin Private (BTCP)

Current price: $ 0.13

24 hours price change: - (-)

Daily analysis of Bitcoin Private (BTCP) - 1 month

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 1 month, starting on October 19th, 2019 to November 18th, 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 10/19/2019 and 11/18/2019.

According to the performance of Bitcoin Private between October 19th, 2019 and November 18th, 2019, Bitcoin Private performed the best on Tuesdays. On average, the price of Bitcoin Private increased 5.69% on Tuesday.

The weekday on which the Bitcoin Private performed the worst, is Thursday. On Thursdays, the Bitcoin Private declined in value on average by -3.81%.

Bitcoin Private weekday performance

On an average Sunday the Bitcoin Private shows an increase in value of 2.13%. However, the change of Bitcoin Private on most of the Sundays is between -1.19% and 5.45%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Bitcoin Privates.

Bitcoin Private increased in value on an average Monday only slightly. The average increase in value of the Bitcoin Private was 0.15%. 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 (0.29%). 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 -0.14% and 0.44%.

The increase in value of the Bitcoin Private is 5.69% on an average Tuesday. However, the uncertainty on the average change is high for the Bitcoin Private on Tuesdays. This is the reason why an expected increase of the Bitcoin Private on an average Tuesday cannot be predicted. The standard deviation for Bitcoin Private on Tuesdays is high, namely 10.55%. This means that the expected range of value change for the Bitcoin Private is -4.86% and 16.23% on 68% of the Tuesdays.

The Bitcoin Private declines in value on an average Wednesday with -1.94%. However, the uncertainty (or standard deviation) is quite large, namely 3.70%. This means that it is not possible to say whether on a regular Wednesday the Bitcoin Private will increase or decrease in value.

The decrease in value of the Bitcoin Private is -3.81% on an average Thursday. The uncertainty of the average change is high for the Bitcoin Private on Thursdays. This means that it is hard to tell whether the Bitcoin Private will decrease or increase in value on an average Thursday. If we look at the 68% range of the Bitcoin Private, we see that on 68% of the Thursdays, the expected change of the Bitcoin Private is between -9.77% and 2.15%.

The average increase of the Bitcoin Private on an average Friday is 0.36%. This is a small increase, however, the expected change of the Bitcoin Private in 95% of the Fridays is -0.26% and 0.98%. This means that only on 2.5% (or slightly over 1 Friday per year) the expected change of the Bitcoin Private is below -0.26%. On the other hand, you would not have to expect that the change on a single Friday will be above 0.98%. This will also only happen on 2.5% of the Fridays. On 68% of the Fridays, the increase of the Bitcoin Private will be in the range of 0.05% and 0.67%.

The Bitcoin Private declines in value on an average Saturday with -2.79%. However, the uncertainty (or standard deviation) is quite large, namely 4.54%. 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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 2.13% 3.32% -1.19% to 5.45%
Monday 0.15% 0.29% -0.14% to 0.44%
Tuesday 5.69% 10.55% -4.86% to 16.23%
Wednesday -1.94% 3.70% -5.64% to 1.76%
Thursday -3.81% 5.96% -9.77% to 2.15%
Friday 0.36% 0.31% 0.05% to 0.67%
Saturday -2.79% 4.54% -7.33% to 1.74%