Bitcoin SV (BSV)

Current price: $ 111.99

24 hours price change: $ -6.74 (-5.68%)

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 March 24th, 2019 to September 23rd, 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 03/24/2019 and 09/23/2019.

According to the performance of Bitcoin SV between March 24th, 2019 and September 23rd, 2019, Bitcoin SV performed the best on Tuesdays. On average, the price of Bitcoin SV increased 0.68% on Tuesday.

The weekday on which the Bitcoin SV performed the worst, is Sunday. On Sundays, the Bitcoin SV declined in value on average by -0.80%.

Bitcoin SV weekday performance

On Sundays, the Bitcoin SV decreases in value on average with -0.80%. On most of the Sundays the Bitcoin SV decreases in value between -4.33% and 2.73%. The uncertainty (3.53%) is higher than the average decline percentage (-0.80%). Therefore, expected range of price changes of the Bitcoin SV on Sundays is large.

Bitcoin SV increased in value on an average Monday only slightly. The average increase in value of the Bitcoin SV was 0.12%. 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 (4.06%). 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 -3.94% and 4.19%.

Historical performance on Tuesday 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 Tuesday with 0.68%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin SV on a Tuesday is between -2.29% and 3.65% (see also the table below).

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 -0.07%. However, the standard deviation on this weekday is 3.30%. This means that on most Wednesdays, the change in value of the Bitcoin SV is between -3.38% and 3.23%.

On an average Thursday, the Bitcoin SV increased 0.46%. However, since the expected deviation is 1.37%, the Bitcoin SV will decline in value on a Thursday quiet regularly. The expected price change of the Bitcoin SV on a Thursday is between -0.92% and 1.83%.

Bitcoin SV increased in value on an average Friday only slightly. The average increase in value of the Bitcoin SV was 0.04%. 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 (1.06%). 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 -1.03% and 1.10%.

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Saturday. The average change on a Saturday for the Bitcoin SV is -0.05%. However, the standard deviation on this weekday is 1.60%. This means that on most Saturdays, the change in value of the Bitcoin SV is between -1.65% and 1.55%.

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 -0.80% 3.53% -4.33% to 2.73%
Monday 0.12% 4.06% -3.94% to 4.19%
Tuesday 0.68% 2.97% -2.29% to 3.65%
Wednesday -0.07% 3.30% -3.38% to 3.23%
Thursday 0.46% 1.37% -0.92% to 1.83%
Friday 0.04% 1.06% -1.03% to 1.10%
Saturday -0.05% 1.60% -1.65% to 1.55%