Bitcoin Private (BTCP)

Current price: $ 0.19

24 hours price change: $ 0.02 (15.16%)

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 August 19th, 2019 to September 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 08/19/2019 and 09/18/2019.

According to the performance of Bitcoin Private between August 19th, 2019 and September 18th, 2019, Bitcoin Private performed the best on Saturdays. On average, the price of Bitcoin Private increased 1.31% on Saturday.

The weekday on which the Bitcoin Private performed the worst, is Tuesday. On Tuesdays, the Bitcoin Private declined in value on average by -2.90%.

Bitcoin Private weekday performance

Historical performance on Sunday do not show an increase in value of the Bitcoin Private on which a prediction can be made. The Bitcoin Private increased in value on average on an average Sunday with 0.94%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Private on a Sunday is between -0.26% and 2.14% (see also the table below).

Bitcoin Private increased in value on an average Monday only slightly. The average increase in value of the Bitcoin Private was 0.10%. 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 (0.25%). 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 -0.15% and 0.35%.

The Bitcoin Private declines in value on an average Tuesday with -2.90%. However, the uncertainty (or standard deviation) is quite large, namely 5.83%. This means that it is not possible to say whether on a regular Tuesday the Bitcoin Private will increase or decrease in value.

Allthough the Bitcoin Private decreases in value with -0.52% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Private on Wednesdays is 6.69%. This means that the expected change of the value of Bitcoin Private is between -7.21% and 6.17% on 68 out of 100 Wednesdays.

The Bitcoin Private declines in value on an average Thursday with -2.39%. However, the uncertainty (or standard deviation) is quite large, namely 4.29%. This means that it is not possible to say whether on a regular Thursday the Bitcoin Private will increase or decrease in value.

The Bitcoin Private declines in value on an average Friday with -1.38%. However, the uncertainty (or standard deviation) is quite large, namely 2.34%. This means that it is not possible to say whether on a regular Friday the Bitcoin Private will increase or decrease in value.

On an average Saturday the Bitcoin Private shows an increase in value of 1.31%. However, the change of Bitcoin Private on most of the Saturdays is between -6.38% and 9.00%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Bitcoin Privates.

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 0.94% 1.20% -0.26% to 2.14%
Monday 0.10% 0.25% -0.15% to 0.35%
Tuesday -2.90% 5.83% -8.74% to 2.93%
Wednesday -0.52% 6.69% -7.21% to 6.17%
Thursday -2.39% 4.29% -6.67% to 1.90%
Friday -1.38% 2.34% -3.72% to 0.96%
Saturday 1.31% 7.69% -6.38% to 9.00%