Bitcoin Private (BTCP)

Current price: $ 0.16

24 hours price change: $ -0.007416 (-4.48%)

Daily analysis of Bitcoin Private (BTCP) - 3 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 3 months, starting on August 14th, 2019 to November 13th, 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 08/14/2019 and 11/13/2019.

According to the performance of Bitcoin Private between August 14th, 2019 and November 13th, 2019, Bitcoin Private performed the best on Tuesdays. On average, the price of Bitcoin Private increased 0.24% on Tuesday.

The weekday on which the Bitcoin Private performed the worst, is Thursday. On Thursdays, the Bitcoin Private declined in value on average by -1.97%.

Bitcoin Private weekday performance

On Sundays, the Bitcoin Private decreases in value on average with -0.80%. On most of the Sundays the Bitcoin Private decreases in value between -7.90% and 6.30%. The uncertainty (7.10%) is higher than the average decline percentage (-0.80%). Therefore, expected range of price changes of the Bitcoin Private on Sundays is large.

Allthough the Bitcoin Private decreases in value with -0.43% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Private on Mondays is 1.79%. This means that the expected change of the value of Bitcoin Private is between -2.22% and 1.36% on 68 out of 100 Mondays.

Bitcoin Private increased in value on an average Tuesday only slightly. The average increase in value of the Bitcoin Private was 0.24%. 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 (7.87%). This means that on 68 percent of the Tuesdays, the change in price of the Bitcoin Private is expected to be in the range of -7.63% and 8.11%.

The Bitcoin Private declines in value on an average Wednesday with -1.83%. However, the uncertainty (or standard deviation) is quite large, namely 4.89%. This means that it is not possible to say whether on a regular Wednesday the Bitcoin Private will increase or decrease in value.

The Bitcoin Private declines in value on an average Thursday with -1.97%. However, the uncertainty (or standard deviation) is quite large, namely 4.36%. This means that it is not possible to say whether on a regular Thursday the Bitcoin Private will increase or decrease in value.

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 -0.07%. However, the standard deviation on this weekday is 1.97%. This means that on most Fridays, the change in value of the Bitcoin Private is between -2.04% and 1.90%.

Allthough the Bitcoin Private decreases in value with -0.57% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Private on Saturdays is 5.44%. This means that the expected change of the value of Bitcoin Private is between -6.01% and 4.87% on 68 out of 100 Saturdays.

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 -0.80% 7.10% -7.90% to 6.30%
Monday -0.43% 1.79% -2.22% to 1.36%
Tuesday 0.24% 7.87% -7.63% to 8.11%
Wednesday -1.83% 4.89% -6.72% to 3.06%
Thursday -1.97% 4.36% -6.33% to 2.39%
Friday -0.07% 1.97% -2.04% to 1.90%
Saturday -0.57% 5.44% -6.01% to 4.87%