Bitcoin SV (BSV)

Current price: $ 92.61

24 hours price change: $ -0.02 (-0.02%)

Daily analysis of Bitcoin SV (BSV) - 1 month

The performance of Bitcoin SV regarding the price differs every day. To make the best decision to buy Bitcoin SV, we are analysis in this article the performance of Bitcoin SV on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 16th, 2019 to December 15th, 2019.

In the barchart below, the weekdays and average performance of Bitcoin SV are shown side by side.

Average daily change in price of Bitcoin SV per weekday between 11/16/2019 and 12/15/2019.

According to the performance of Bitcoin SV between November 16th, 2019 and December 15th, 2019, Bitcoin SV performed the best on Thursdays. On average, the price of Bitcoin SV increased 0.59% on Thursday.

The weekday on which the Bitcoin SV performed the worst, is Saturday. On Saturdays, the Bitcoin SV declined in value on average by -0.70%.

Bitcoin SV weekday performance

Allthough the Bitcoin SV decreases in value with -0.52% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin SV on Sundays is 0.52%. This means that the expected change of the value of Bitcoin SV is between -1.04% and -0.01% on 68 out of 100 Sundays.

On an average Monday, the Bitcoin SV increased 0.33%. However, since the expected deviation is 0.95%, the Bitcoin SV will decline in value on a Monday quiet regularly. The expected price change of the Bitcoin SV on a Monday is between -0.62% and 1.27%.

Allthough the Bitcoin SV decreases in value with -0.39% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin SV on Tuesdays is 0.65%. This means that the expected change of the value of Bitcoin SV is between -1.03% and 0.26% on 68 out of 100 Tuesdays.

On an average Wednesday, the Bitcoin SV increased 0.46%. However, since the expected deviation is 0.72%, the Bitcoin SV will decline in value on a Wednesday quiet regularly. The expected price change of the Bitcoin SV on a Wednesday is between -0.26% and 1.18%.

The average increase of the Bitcoin SV on an average Thursday is 0.59%. This is a small increase, however, the expected change of the Bitcoin SV in 95% of the Thursdays is -0.24% and 1.41%. This means that only on 2.5% (or slightly over 1 Thursday per year) the expected change of the Bitcoin SV is below -0.24%. On the other hand, you would not have to expect that the change on a single Thursday will be above 1.41%. This will also only happen on 2.5% of the Thursdays. On 68% of the Thursdays, the increase of the Bitcoin SV will be in the range of 0.18% and 1.00%.

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Friday. The average change on a Friday for the Bitcoin SV is -0.29%. However, the standard deviation on this weekday is 0.91%. This means that on most Fridays, the change in value of the Bitcoin SV is between -1.20% and 0.62%.

On Saturdays, the Bitcoin SV decreases in value on average with -0.70%. On most of the Saturdays the Bitcoin SV decreases in value between -1.32% and -0.08%. The uncertainty (0.62%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the Bitcoin SV on Saturdays is large.

Bitcoin SV weekday performance details

Find below the details of the performance of Bitcoin SV 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 -0.52% 0.52% -1.04% to -0.01%
Monday 0.33% 0.95% -0.62% to 1.27%
Tuesday -0.39% 0.65% -1.03% to 0.26%
Wednesday 0.46% 0.72% -0.26% to 1.18%
Thursday 0.59% 0.41% 0.18% to 1.00%
Friday -0.29% 0.91% -1.20% to 0.62%
Saturday -0.70% 0.62% -1.32% to -0.08%