Bitcoin SV (BSV)

Current price: $ 173.08

24 hours price change: $ -3.94 (-2.23%)

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 June 21st, 2019 to July 21st, 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 06/21/2019 and 07/21/2019.

According to the performance of Bitcoin SV between June 21st, 2019 and July 21st, 2019, Bitcoin SV performed the best on Saturdays. On average, the price of Bitcoin SV increased 0.66% on Saturday.

The weekday on which the Bitcoin SV performed the worst, is Sunday. On Sundays, the Bitcoin SV declined in value on average by -0.20%.

Bitcoin SV weekday performance

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Sunday. The average change on a Sunday for the Bitcoin SV is -0.20%. However, the standard deviation on this weekday is 0.38%. This means that on most Sundays, the change in value of the Bitcoin SV is between -0.59% and 0.18%.

The Bitcoin SV will almost not change or only slightly increase in value on an average Monday. The average change of the Bitcoin SV on Mondays is 0.11%. The standard deviation of the Bitcoin SV is 0.09%, which means that in 68% of the Mondays, the range of the change of the Bitcoin SV is 0.01% and 0.20%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bitcoin SV is -0.15%. However, the standard deviation on this weekday is 0.72%. This means that on most Tuesdays, the change in value of the Bitcoin SV is between -0.87% and 0.57%.

On an average Wednesday, the Bitcoin SV increased 0.33%. However, since the expected deviation is 0.44%, 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 -0.11% and 0.77%.

The average increase of the Bitcoin SV on an average Thursday is 0.51%. This is a small increase, however, the expected change of the Bitcoin SV in 95% of the Thursdays is -0.43% and 1.45%. This means that only on 2.5% (or slightly over 1 Thursday per year) the expected change of the Bitcoin SV is below -0.43%. On the other hand, you would not have to expect that the change on a single Thursday will be above 1.45%. 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 0.04% and 0.98%.

Bitcoin SV increased in value on an average Friday only slightly. The average increase in value of the Bitcoin SV was 0.18%. Allthough the Bitcoin SV closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.32%). This means that on 68 percent of the Fridays, the change in price of the Bitcoin SV is expected to be in the range of -0.14% and 0.50%.

Historical performance on Saturday do not show an increase in value of the Bitcoin SV on which a prediction can be made. The Bitcoin SV increased in value on average on an average Saturday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin SV on a Saturday is between -0.83% and 2.15% (see also the table below).

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.20%0.38%-0.59% to 0.18%
Monday0.11%0.09%0.01% to 0.20%
Tuesday-0.15%0.72%-0.87% to 0.57%
Wednesday0.33%0.44%-0.11% to 0.77%
Thursday0.51%0.47%0.04% to 0.98%
Friday0.18%0.32%-0.14% to 0.50%
Saturday0.66%1.49%-0.83% to 2.15%