Bitcoin SV (BSV)

Current price: $ 52.63

24 hours price change: $ 2.14 (4.23%)

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 April 23rd, 2022 to May 23rd, 2022.

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 04/23/2022 and 05/23/2022.

According to the performance of Bitcoin SV between April 23rd, 2022 and May 23rd, 2022, Bitcoin SV performed the best on Thursdays. On average, the price of Bitcoin SV increased 0.20% on Thursday.

The weekday on which the Bitcoin SV performed the worst, is Friday. On Fridays, the Bitcoin SV declined in value on average by -1.86%.

Bitcoin SV weekday performance

Bitcoin SV increased in value on an average Sunday only slightly. The average increase in value of the Bitcoin SV was 0.13%. 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 (0.21%). This means that on 68 percent of the Sundays, the change in price of the Bitcoin SV is expected to be in the range of -0.08% and 0.34%.

Bitcoin SV increased in value on an average Monday only slightly. The average increase in value of the Bitcoin SV was 0.02%. 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 (0.11%). This means that on 68 percent of the Mondays, the change in price of the Bitcoin SV is expected to be in the range of -0.09% and 0.13%.

Bitcoin SV increased in value on an average Tuesday only slightly. The average increase in value of the Bitcoin SV was 0.17%. 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 (0.23%). This means that on 68 percent of the Tuesdays, the change in price of the Bitcoin SV is expected to be in the range of -0.06% and 0.40%.

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Bitcoin SV is -0.01%. However, the standard deviation on this weekday is 0.03%. This means that on most Wednesdays, the change in value of the Bitcoin SV is between -0.04% and 0.02%.

The Bitcoin SV will almost not change or only slightly increase in value on an average Thursday. The average change of the Bitcoin SV on Thursdays is 0.20%. The standard deviation of the Bitcoin SV is 0.19%, which means that in 68% of the Thursdays, the range of the change of the Bitcoin SV is 0.01% and 0.39%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

The Bitcoin SV declines in value on an average Friday with -1.86%. However, the uncertainty (or standard deviation) is quite large, namely 1.93%. This means that it is not possible to say whether on a regular Friday the Bitcoin SV will increase or decrease in value.

The Bitcoin SV declines in value on an average Saturday with -1.14%. However, the uncertainty (or standard deviation) is quite large, namely 2.32%. This means that it is not possible to say whether on a regular Saturday the Bitcoin SV will increase or decrease in value.

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 0.13% 0.21% -0.08% to 0.34%
Monday 0.02% 0.11% -0.09% to 0.13%
Tuesday 0.17% 0.23% -0.06% to 0.40%
Wednesday -0.01% 0.03% -0.04% to 0.02%
Thursday 0.20% 0.19% 0.01% to 0.39%
Friday -1.86% 1.93% -3.79% to 0.08%
Saturday -1.14% 2.32% -3.46% to 1.18%
 

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: Financial indicators for cryptocurrencies