Bitcoin Private (BTCP)

Current price: $ 0.18

24 hours price change: $ -0.002358 (-1.28%)

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 November 2nd, 2021 to December 2nd, 2021.

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 11/02/2021 and 12/02/2021.

According to the performance of Bitcoin Private between November 2nd, 2021 and December 2nd, 2021, Bitcoin Private performed the best on Mondays. On average, the price of Bitcoin Private increased 0.84% on Monday.

The weekday on which the Bitcoin Private performed the worst, is Friday. On Fridays, the Bitcoin Private declined in value on average by -0.29%.

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 0.01%. 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 (1.08%). 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 -1.07% and 1.09%.

Historical performance on Monday 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 Monday with 0.84%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Private on a Monday is between -0.39% and 2.08% (see also the table below).

Bitcoin Private increased in value on an average Tuesday 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 (0.18%). This means that on 68 percent of the Tuesdays, the change in price of the Bitcoin Private is expected to be in the range of -0.04% and 0.33%.

Bitcoin Private increased in value on an average Wednesday only slightly. The average increase in value of the Bitcoin Private was 0.28%. 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 (0.40%). This means that on 68 percent of the Wednesdays, the change in price of the Bitcoin Private is expected to be in the range of -0.11% and 0.68%.

Bitcoin Private increased in value on an average Thursday only slightly. The average increase in value of the Bitcoin Private was 0.22%. 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 (0.71%). This means that on 68 percent of the Thursdays, the change in price of the Bitcoin Private is expected to be in the range of -0.49% and 0.93%.

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Friday. The average change on a Friday for the Bitcoin Private is -0.29%. However, the standard deviation on this weekday is 0.35%. This means that on most Fridays, the change in value of the Bitcoin Private is between -0.64% and 0.05%.

On an average Saturday, the Bitcoin Private increased 0.34%. However, since the expected deviation is 0.37%, the Bitcoin Private will decline in value on a Saturday quiet regularly. The expected price change of the Bitcoin Private on a Saturday is between -0.03% and 0.72%.

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 0.01% 1.08% -1.07% to 1.09%
Monday 0.84% 1.24% -0.39% to 2.08%
Tuesday 0.15% 0.18% -0.04% to 0.33%
Wednesday 0.28% 0.40% -0.11% to 0.68%
Thursday 0.22% 0.71% -0.49% to 0.93%
Friday -0.29% 0.35% -0.64% to 0.05%
Saturday 0.34% 0.37% -0.03% to 0.72%
 

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