Bitcoin SV (BSV)

Current price: $ 193.07

24 hours price change: $ 4.30 (2.28%)

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 August 24th, 2020 to February 24th, 2021.

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 08/24/2020 and 02/24/2021.

According to the performance of Bitcoin SV between August 24th, 2020 and February 24th, 2021, Bitcoin SV performed the best on Sundays. On average, the price of Bitcoin SV increased 0.65% on Sunday.

The weekday on which the Bitcoin SV performed the worst, is Monday. On Mondays, the Bitcoin SV declined in value on average by -0.54%.

Bitcoin SV weekday performance

Historical performance on Sunday 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 Sunday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin SV on a Sunday is between -1.08% and 2.38% (see also the table below).

Allthough the Bitcoin SV decreases in value with -0.54% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin SV on Mondays is 2.13%. This means that the expected change of the value of Bitcoin SV is between -2.66% and 1.59% on 68 out of 100 Mondays.

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 -0.27%. However, the standard deviation on this weekday is 1.81%. This means that on most Tuesdays, the change in value of the Bitcoin SV is between -2.08% and 1.54%.

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 -0.27%. However, the standard deviation on this weekday is 2.51%. This means that on most Wednesdays, the change in value of the Bitcoin SV is between -2.78% and 2.23%.

Bitcoin SV increased in value on an average Thursday only slightly. The average increase in value of the Bitcoin SV was 0.06%. 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 (0.80%). This means that on 68 percent of the Thursdays, the change in price of the Bitcoin SV is expected to be in the range of -0.73% and 0.86%.

Bitcoin SV increased in value on an average Friday only slightly. The average increase in value of the Bitcoin SV was 0.19%. 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 (1.04%). 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 -0.85% and 1.23%.

On an average Saturday, the Bitcoin SV increased 0.37%. However, since the expected deviation is 2.84%, 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 -2.48% and 3.21%.

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 0.65% 1.73% -1.08% to 2.38%
Monday -0.54% 2.13% -2.66% to 1.59%
Tuesday -0.27% 1.81% -2.08% to 1.54%
Wednesday -0.27% 2.51% -2.78% to 2.23%
Thursday 0.06% 0.80% -0.73% to 0.86%
Friday 0.19% 1.04% -0.85% to 1.23%
Saturday 0.37% 2.84% -2.48% to 3.21%
 

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