Bitcoin Private (BTCP)

Current price: $ 0.19

24 hours price change: $ 0.02 (15.16%)

Daily analysis of Bitcoin Private (BTCP) - 2 years

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 2 years, starting on March 15th, 2018 to September 18th, 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 03/15/2018 and 09/18/2019.

According to the performance of Bitcoin Private between March 15th, 2018 and September 18th, 2019, Bitcoin Private performed the best on Fridays. On average, the price of Bitcoin Private increased inf% on Friday.

The weekday on which the Bitcoin Private performed the worst, is Saturday. On Saturdays, the Bitcoin Private declined in value on average by -0.90%.

Bitcoin Private weekday performance

On Sundays, the Bitcoin Private decreases in value on average with -0.66%. On most of the Sundays the Bitcoin Private decreases in value between -5.48% and 4.16%. The uncertainty (4.82%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the Bitcoin Private on Sundays is large.

On an average Monday the Bitcoin Private shows an increase in value of 1.78%. However, the change of Bitcoin Private on most of the Mondays is between -8.35% and 11.91%. Therefore it is hard to tell whether an average Monday is a good day to start buying Bitcoin Privates.

Allthough the Bitcoin Private decreases in value with -0.33% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Private on Tuesdays is 3.22%. This means that the expected change of the value of Bitcoin Private is between -3.55% and 2.89% on 68 out of 100 Tuesdays.

The increase in value of the Bitcoin Private is 3.45% 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 15.07%. This means that the expected range of value change for the Bitcoin Private is -11.62% and 18.51% on 68% of the Wednesdays.

Historical performance on Thursday do not show an increase in value of the Bitcoin Private on which a prediction can be made. The Bitcoin Private increased in value on average on an average Thursday with 0.94%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin Private on a Thursday is between -7.82% and 9.69% (see also the table below).

On Fridays, the average increase of the value of the Bitcoin Private is very high. The average increase is inf%. The standard deviation of the Bitcoin Private on Fridays is nan%. This means that on 68% of the Fridays, the Bitcoin Private increases between nan% and nan%. The uncertainty is therefore not very high, since on most Fridays, the value of the Bitcoin Private will increase.

On Saturdays, the Bitcoin Private decreases in value on average with -0.90%. On most of the Saturdays the Bitcoin Private decreases in value between -7.40% and 5.60%. The uncertainty (6.50%) is higher than the average decline percentage (-0.90%). 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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday -0.66% 4.82% -5.48% to 4.16%
Monday 1.78% 10.13% -8.35% to 11.91%
Tuesday -0.33% 3.22% -3.55% to 2.89%
Wednesday 3.45% 15.07% -11.62% to 18.51%
Thursday 0.94% 8.76% -7.82% to 9.69%
Friday inf% nan% nan% to nan%
Saturday -0.90% 6.50% -7.40% to 5.60%