Bitcoin Private (BTCP)

Current price: $ 0.38

24 hours price change: $ -0.01 (-3.75%)

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 April 24th, 2019 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 04/24/2019 and 05/23/2019.

According to the performance of Bitcoin Private between April 24th, 2019 and May 23rd, 2019, Bitcoin Private performed the best on Wednesdays. On average, the price of Bitcoin Private increased 19.09% on Wednesday.

The weekday on which the Bitcoin Private performed the worst, is Friday. On Fridays, the Bitcoin Private declined in value on average by -11.50%.

Bitcoin Private weekday performance

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Sunday. The average change on a Sunday for the Bitcoin Private is -0.06%. However, the standard deviation on this weekday is 0.35%. This means that on most Sundays, the change in value of the Bitcoin Private is between -0.41% and 0.29%.

The increase in value of the Bitcoin Private is 3.09% on an average Monday. However, the uncertainty on the average change is high for the Bitcoin Private on Mondays. This is the reason why an expected increase of the Bitcoin Private on an average Monday cannot be predicted. The standard deviation for Bitcoin Private on Mondays is high, namely 4.79%. This means that the expected range of value change for the Bitcoin Private is -1.70% and 7.88% on 68% of the Mondays.

Allthough the Bitcoin Private decreases in value with -0.51% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Private on Tuesdays is 0.56%. This means that the expected change of the value of Bitcoin Private is between -1.07% and 0.04% on 68 out of 100 Tuesdays.

The increase in value of the Bitcoin Private is 19.09% 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 38.02%. This means that the expected range of value change for the Bitcoin Private is -18.93% and 57.11% on 68% of the Wednesdays.

The increase in value of the Bitcoin Private is 11.30% on an average Thursday. However, the uncertainty on the average change is high for the Bitcoin Private on Thursdays. This is the reason why an expected increase of the Bitcoin Private on an average Thursday cannot be predicted. The standard deviation for Bitcoin Private on Thursdays is high, namely 22.22%. This means that the expected range of value change for the Bitcoin Private is -10.92% and 33.52% on 68% of the Thursdays.

The decrease in value of the Bitcoin Private is -11.50% on an average Friday. The uncertainty of the average change is high for the Bitcoin Private on Fridays. This means that it is hard to tell whether the Bitcoin Private will decrease or increase in value on an average Friday. If we look at the 68% range of the Bitcoin Private, we see that on 68% of the Fridays, the expected change of the Bitcoin Private is between -31.81% and 8.81%.

The decrease in value of the Bitcoin Private is -9.61% on an average Saturday. The uncertainty of the average change is high for the Bitcoin Private on Saturdays. This means that it is hard to tell whether the Bitcoin Private will decrease or increase in value on an average Saturday. If we look at the 68% range of the Bitcoin Private, we see that on 68% of the Saturdays, the expected change of the Bitcoin Private is between -26.32% and 7.10%.

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
Sunday-0.06%0.35%-0.41% to 0.29%
Monday3.09%4.79%-1.70% to 7.88%
Tuesday-0.51%0.56%-1.07% to 0.04%
Wednesday19.09%38.02%-18.93% to 57.11%
Thursday11.30%22.22%-10.92% to 33.52%
Friday-11.50%20.31%-31.81% to 8.81%
Saturday-9.61%16.71%-26.32% to 7.10%