Bitcoin Private (BTCP)

Current price: $ 1.41

24 hours price change: $ -0.14 (-9.14%)

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 August 18th, 2018 to February 17th, 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 08/18/2018 and 02/17/2019.

According to the performance of Bitcoin Private between August 18th, 2018 and February 17th, 2019, Bitcoin Private performed the best on Wednesdays. On average, the price of Bitcoin Private increased 1.61% on Wednesday.

The weekday on which the Bitcoin Private performed the worst, is Saturday. On Saturdays, the Bitcoin Private declined in value on average by -0.85%.

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 -0.17%. However, the standard deviation on this weekday is 1.90%. This means that on most Sundays, the change in value of the Bitcoin Private is between -2.07% and 1.73%.

On an average Monday, the Bitcoin Private increased 0.52%. However, since the expected deviation is 2.63%, the Bitcoin Private will decline in value on a Monday quiet regularly. The expected price change of the Bitcoin Private on a Monday is between -2.11% and 3.15%.

On Tuesdays, the Bitcoin Private decreases in value on average with -0.72%. On most of the Tuesdays the Bitcoin Private decreases in value between -2.69% and 1.25%. The uncertainty (1.97%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the Bitcoin Private on Tuesdays is large.

On an average Wednesday the Bitcoin Private shows an increase in value of 1.61%. However, the change of Bitcoin Private on most of the Wednesdays is between -6.85% and 10.06%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Bitcoin Privates.

Bitcoin Private increased in value on an average Thursday only slightly. The average increase in value of the Bitcoin Private was 0.13%. 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 (3.10%). 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 -2.98% and 3.23%.

Bitcoin Private increased in value on an average Friday 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 (1.64%). 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 -1.58% and 1.70%.

On Saturdays, the Bitcoin Private decreases in value on average with -0.85%. On most of the Saturdays the Bitcoin Private decreases in value between -3.24% and 1.54%. The uncertainty (2.39%) is higher than the average decline percentage (-0.85%). Therefore, expected range of price changes of the Bitcoin Private on Saturdays is large.

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-0.17%1.90%-2.07% to 1.73%
Monday0.52%2.63%-2.11% to 3.15%
Tuesday-0.72%1.97%-2.69% to 1.25%
Wednesday1.61%8.45%-6.85% to 10.06%
Thursday0.13%3.10%-2.98% to 3.23%
Friday0.06%1.64%-1.58% to 1.70%
Saturday-0.85%2.39%-3.24% to 1.54%