Bitcoin Private (BTCP)

Current price: $ 0.19

24 hours price change: $ 0.02 (15.16%)

Daily analysis of Bitcoin Private (BTCP) - 1 year

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 year, starting on September 19th, 2018 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 09/19/2018 and 09/18/2019.

According to the performance of Bitcoin Private between September 19th, 2018 and September 18th, 2019, Bitcoin Private performed the best on Wednesdays. On average, the price of Bitcoin Private increased 3.31% on Wednesday.

The weekday on which the Bitcoin Private performed the worst, is Sunday. On Sundays, the Bitcoin Private declined in value on average by -1.25%.

Bitcoin Private weekday performance

The Bitcoin Private declines in value on an average Sunday with -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 4.73%. This means that it is not possible to say whether on a regular Sunday the Bitcoin Private will increase or decrease in value.

On an average Monday the Bitcoin Private shows an increase in value of 2.75%. However, the change of Bitcoin Private on most of the Mondays is between -9.35% and 14.85%. Therefore it is hard to tell whether an average Monday is a good day to start buying Bitcoin Privates.

Allthough the Bitcoin Private decreases in value with -0.36% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Private on Tuesdays is 3.12%. This means that the expected change of the value of Bitcoin Private is between -3.47% and 2.76% on 68 out of 100 Tuesdays.

The increase in value of the Bitcoin Private is 3.31% 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 14.43%. This means that the expected range of value change for the Bitcoin Private is -11.11% and 17.74% on 68% of the Wednesdays.

On an average Thursday the Bitcoin Private shows an increase in value of 1.20%. However, the change of Bitcoin Private on most of the Thursdays is between -9.17% and 11.57%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Bitcoin Privates.

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 -0.22%. However, the standard deviation on this weekday is 7.35%. This means that on most Fridays, the change in value of the Bitcoin Private is between -7.56% and 7.13%.

The Bitcoin Private declines in value on an average Saturday with -1.19%. However, the uncertainty (or standard deviation) is quite large, namely 7.23%. 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 -1.25% 4.73% -5.98% to 3.49%
Monday 2.75% 12.10% -9.35% to 14.85%
Tuesday -0.36% 3.12% -3.47% to 2.76%
Wednesday 3.31% 14.43% -11.11% to 17.74%
Thursday 1.20% 10.37% -9.17% to 11.57%
Friday -0.22% 7.35% -7.56% to 7.13%
Saturday -1.19% 7.23% -8.43% to 6.04%