Bitcoin Private (BTCP)

Current price: $ 0.47

24 hours price change: $ 0.001455 (0.31%)

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 June 21st, 2019 to July 20th, 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 06/21/2019 and 07/20/2019.

According to the performance of Bitcoin Private between June 21st, 2019 and July 20th, 2019, Bitcoin Private performed the best on Mondays. On average, the price of Bitcoin Private increased 21.56% on Monday.

The weekday on which the Bitcoin Private performed the worst, is Thursday. On Thursdays, the Bitcoin Private declined in value on average by -3.96%.

Bitcoin Private weekday performance

The decrease in value of the Bitcoin Private is -3.40% on an average Sunday. The uncertainty of the average change is high for the Bitcoin Private on Sundays. This means that it is hard to tell whether the Bitcoin Private will decrease or increase in value on an average Sunday. If we look at the 68% range of the Bitcoin Private, we see that on 68% of the Sundays, the expected change of the Bitcoin Private is between -9.83% and 3.02%.

The increase in value of the Bitcoin Private is 21.56% 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 31.32%. This means that the expected range of value change for the Bitcoin Private is -9.76% and 52.88% on 68% of the Mondays.

Bitcoin Private increased in value on an average Tuesday only slightly. The average increase in value of the Bitcoin Private was 0.04%. 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 (0.59%). 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 -0.55% and 0.63%.

On an average Wednesday the Bitcoin Private shows an increase in value of 2.10%. However, the change of Bitcoin Private on most of the Wednesdays is between -1.38% and 5.58%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Bitcoin Privates.

The decrease in value of the Bitcoin Private is -3.96% 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 -12.25% and 4.34%.

Bitcoin Private increased in value on an average Friday only slightly. The average increase in value of the Bitcoin Private was 0.17%. 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 (0.30%). This means that on 68 percent of the Fridays, the change in price of the Bitcoin Private is expected to be in the range of -0.13% and 0.47%.

The increase in value of the Bitcoin Private is 4.24% on an average Saturday. However, the uncertainty on the average change is high for the Bitcoin Private on Saturdays. This is the reason why an expected increase of the Bitcoin Private on an average Saturday cannot be predicted. The standard deviation for Bitcoin Private on Saturdays is high, namely 8.67%. This means that the expected range of value change for the Bitcoin Private is -4.43% and 12.91% on 68% of the Saturdays.

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-3.40%6.43%-9.83% to 3.02%
Monday21.56%31.32%-9.76% to 52.88%
Tuesday0.04%0.59%-0.55% to 0.63%
Wednesday2.10%3.48%-1.38% to 5.58%
Thursday-3.96%8.30%-12.25% to 4.34%
Friday0.17%0.30%-0.13% to 0.47%
Saturday4.24%8.67%-4.43% to 12.91%