Bitcoin Private (BTCP)

Current price: $ 0.11

24 hours price change: $ 0.01 (12.78%)

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 January 25th, 2019 to January 24th, 2020.

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 01/25/2019 and 01/24/2020.

According to the performance of Bitcoin Private between January 25th, 2019 and January 24th, 2020, Bitcoin Private performed the best on Mondays. On average, the price of Bitcoin Private increased 2.66% on Monday.

The weekday on which the Bitcoin Private performed the worst, is Sunday. On Sundays, the Bitcoin Private declined in value on average by -1.17%.

Bitcoin Private weekday performance

The Bitcoin Private declines in value on an average Sunday with -1.17%. However, the uncertainty (or standard deviation) is quite large, namely 5.08%. 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 2.66%. However, the change of Bitcoin Private on most of the Mondays is between -9.43% and 14.75%. Therefore it is hard to tell whether an average Monday is a good day to start buying Bitcoin Privates.

On an average Tuesday, the Bitcoin Private increased 0.31%. However, since the expected deviation is 4.47%, the Bitcoin Private will decline in value on a Tuesday quiet regularly. The expected price change of the Bitcoin Private on a Tuesday is between -4.16% and 4.79%.

On an average Wednesday the Bitcoin Private shows an increase in value of 2.23%. However, the change of Bitcoin Private on most of the Wednesdays is between -11.41% and 15.86%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Bitcoin Privates.

On an average Thursday the Bitcoin Private shows an increase in value of 1.16%. However, the change of Bitcoin Private on most of the Thursdays is between -9.34% and 11.67%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Bitcoin Privates.

Bitcoin Private increased in value on an average Friday only slightly. The average increase in value of the Bitcoin Private was 0.08%. 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 (7.54%). 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 -7.46% and 7.62%.

The Bitcoin Private declines in value on an average Saturday with -1.13%. However, the uncertainty (or standard deviation) is quite large, namely 7.25%. 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 -1.17% 5.08% -6.24% to 3.91%
Monday 2.66% 12.09% -9.43% to 14.75%
Tuesday 0.31% 4.47% -4.16% to 4.79%
Wednesday 2.23% 13.64% -11.41% to 15.86%
Thursday 1.16% 10.50% -9.34% to 11.67%
Friday 0.08% 7.54% -7.46% to 7.62%
Saturday -1.13% 7.25% -8.38% to 6.12%
 

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