Bitcoin Private (BTCP)

Current price: $ 1.38

24 hours price change: $ 0.000276 (0.02%)

Daily analysis of Bitcoin Private (BTCP) - 6 months

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 6 months, starting on December 27th, 2021 to June 27th, 2022.

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 12/27/2021 and 06/27/2022.

According to the performance of Bitcoin Private between December 27th, 2021 and June 27th, 2022, Bitcoin Private performed the best on Saturdays. On average, the price of Bitcoin Private increased 0.06% on Saturday.

The weekday on which the Bitcoin Private performed the worst, is Monday. On Mondays, the Bitcoin Private declined in value on average by -0.31%.

Bitcoin Private weekday performance

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Sunday. The average change on a Sunday for the Bitcoin Private is -0.08%. However, the standard deviation on this weekday is 0.38%. This means that on most Sundays, the change in value of the Bitcoin Private is between -0.45% and 0.30%.

Allthough the Bitcoin Private decreases in value with -0.31% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Private on Mondays is 0.62%. This means that the expected change of the value of Bitcoin Private is between -0.92% and 0.31% on 68 out of 100 Mondays.

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bitcoin Private is -0.14%. However, the standard deviation on this weekday is 0.46%. This means that on most Tuesdays, the change in value of the Bitcoin Private is between -0.60% and 0.32%.

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Bitcoin Private is -0.11%. However, the standard deviation on this weekday is 0.39%. This means that on most Wednesdays, the change in value of the Bitcoin Private is between -0.50% and 0.28%.

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Thursday. The average change on a Thursday for the Bitcoin Private is -0.07%. However, the standard deviation on this weekday is 0.39%. This means that on most Thursdays, the change in value of the Bitcoin Private is between -0.46% and 0.32%.

Allthough the Bitcoin Private decreases in value with -0.30% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Private on Fridays is 0.56%. This means that the expected change of the value of Bitcoin Private is between -0.86% and 0.26% on 68 out of 100 Fridays.

Bitcoin Private increased in value on an average Saturday only slightly. The average increase in value of the Bitcoin Private was 0.06%. 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 (0.52%). This means that on 68 percent of the Saturdays, the change in price of the Bitcoin Private is expected to be in the range of -0.46% and 0.58%.

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 -0.08% 0.38% -0.45% to 0.30%
Monday -0.31% 0.62% -0.92% to 0.31%
Tuesday -0.14% 0.46% -0.60% to 0.32%
Wednesday -0.11% 0.39% -0.50% to 0.28%
Thursday -0.07% 0.39% -0.46% to 0.32%
Friday -0.30% 0.56% -0.86% to 0.26%
Saturday 0.06% 0.52% -0.46% to 0.58%
 

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