Bitcoin SV (BSV)

Current price: $ 47.82

24 hours price change: $ 1.32 (2.85%)

Daily analysis of Bitcoin SV (BSV) - 6 months

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 6 months, starting on January 19th, 2024 to July 19th, 2024.

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 01/19/2024 and 07/19/2024.

According to the performance of Bitcoin SV between January 19th, 2024 and July 19th, 2024, Bitcoin SV performed the best on Saturdays. On average, the price of Bitcoin SV increased 0.37% on Saturday.

The weekday on which the Bitcoin SV performed the worst, is Tuesday. On Tuesdays, the Bitcoin SV declined in value on average by -0.50%.

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 0.24%. 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 (2.11%). 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 -1.87% and 2.36%.

Bitcoin SV increased in value on an average Monday only slightly. The average increase in value of the Bitcoin SV was 0.01%. 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 (1.96%). 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 -1.95% and 1.97%.

Allthough the Bitcoin SV decreases in value with -0.50% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin SV on Tuesdays is 1.84%. This means that the expected change of the value of Bitcoin SV is between -2.34% and 1.34% on 68 out of 100 Tuesdays.

Allthough the Bitcoin SV decreases in value with -0.31% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin SV on Wednesdays is 1.53%. This means that the expected change of the value of Bitcoin SV is between -1.83% and 1.22% on 68 out of 100 Wednesdays.

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Thursday. The average change on a Thursday for the Bitcoin SV is -0.13%. However, the standard deviation on this weekday is 0.94%. This means that on most Thursdays, the change in value of the Bitcoin SV is between -1.07% and 0.80%.

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 -0.11%. However, the standard deviation on this weekday is 1.40%. This means that on most Fridays, the change in value of the Bitcoin SV is between -1.51% and 1.29%.

On an average Saturday, the Bitcoin SV increased 0.37%. However, since the expected deviation is 1.48%, the Bitcoin SV will decline in value on a Saturday quiet regularly. The expected price change of the Bitcoin SV on a Saturday is between -1.12% and 1.85%.

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 0.24% 2.11% -1.87% to 2.36%
Monday 0.01% 1.96% -1.95% to 1.97%
Tuesday -0.50% 1.84% -2.34% to 1.34%
Wednesday -0.31% 1.53% -1.83% to 1.22%
Thursday -0.13% 0.94% -1.07% to 0.80%
Friday -0.11% 1.40% -1.51% to 1.29%
Saturday 0.37% 1.48% -1.12% to 1.85%
 

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