Bitcoin Private (BTCP)

Current price: $ 0.39

24 hours price change: $ -0.03 (-6.33%)

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 January 16th, 2019 to July 15th, 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 01/16/2019 and 07/15/2019.

According to the performance of Bitcoin Private between January 16th, 2019 and July 15th, 2019, Bitcoin Private performed the best on Mondays. On average, the price of Bitcoin Private increased 5.49% on Monday.

The weekday on which the Bitcoin Private performed the worst, is Saturday. On Saturdays, the Bitcoin Private declined in value on average by -1.35%.

Bitcoin Private weekday performance

The Bitcoin Private declines in value on an average Sunday with -1.21%. However, the uncertainty (or standard deviation) is quite large, namely 4.25%. This means that it is not possible to say whether on a regular Sunday the Bitcoin Private will increase or decrease in value.

The increase in value of the Bitcoin Private is 5.49% 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 16.52%. This means that the expected range of value change for the Bitcoin Private is -11.03% and 22.01% on 68% of the Mondays.

On an average Tuesday, the Bitcoin Private increased 0.47%. However, since the expected deviation is 3.03%, 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 -2.56% and 3.49%.

The increase in value of the Bitcoin Private is 4.97% 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 18.40%. This means that the expected range of value change for the Bitcoin Private is -13.43% and 23.38% on 68% of the Wednesdays.

On an average Thursday the Bitcoin Private shows an increase in value of 2.97%. However, the change of Bitcoin Private on most of the Thursdays is between -11.03% and 16.97%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Bitcoin Privates.

The Bitcoin Private declines in value on an average Friday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 10.00%. This means that it is not possible to say whether on a regular Friday the Bitcoin Private will increase or decrease in value.

The Bitcoin Private declines in value on an average Saturday with -1.35%. However, the uncertainty (or standard deviation) is quite large, namely 8.70%. 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-1.21%4.25%-5.46% to 3.04%
Monday5.49%16.52%-11.03% to 22.01%
Tuesday0.47%3.03%-2.56% to 3.49%
Wednesday4.97%18.40%-13.43% to 23.38%
Thursday2.97%14.00%-11.03% to 16.97%
Friday-1.03%10.00%-11.03% to 8.98%
Saturday-1.35%8.70%-10.05% to 7.35%