BitTorrent (BTT)

Current price: $ 0.000865

24 hours price change: - (-)

Daily analysis of BitTorrent (BTT) - 1 month

The performance of BitTorrent regarding the price differs every day. To make the best decision to buy BitTorrent, we are analysis in this article the performance of BitTorrent on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 16th, 2019 to July 15th, 2019.

In the barchart below, the weekdays and average performance of BitTorrent are shown side by side.

Average daily change in price of BitTorrent per weekday between 06/16/2019 and 07/15/2019.

According to the performance of BitTorrent between June 16th, 2019 and July 15th, 2019, BitTorrent performed the best on Fridays. On average, the price of BitTorrent increased 5.78% on Friday.

The weekday on which the BitTorrent performed the worst, is Wednesday. On Wednesdays, the BitTorrent declined in value on average by -4.06%.

BitTorrent weekday performance

The BitTorrent declines in value on an average Sunday with -2.89%. However, the uncertainty (or standard deviation) is quite large, namely 3.77%. This means that it is not possible to say whether on a regular Sunday the BitTorrent will increase or decrease in value.

On an average Monday the BitTorrent shows an increase in value of 1.68%. However, the change of BitTorrent on most of the Mondays is between -5.77% and 9.13%. Therefore it is hard to tell whether an average Monday is a good day to start buying BitTorrents.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the BitTorrent is -0.28%. However, the standard deviation on this weekday is 0.79%. This means that on most Tuesdays, the change in value of the BitTorrent is between -1.07% and 0.51%.

The decrease in value of the BitTorrent is -4.06% on an average Wednesday. The uncertainty of the average change is high for the BitTorrent on Wednesdays. This means that it is hard to tell whether the BitTorrent will decrease or increase in value on an average Wednesday. If we look at the 68% range of the BitTorrent, we see that on 68% of the Wednesdays, the expected change of the BitTorrent is between -8.43% and 0.31%.

The BitTorrent declines in value on an average Thursday with -1.88%. However, the uncertainty (or standard deviation) is quite large, namely 4.38%. This means that it is not possible to say whether on a regular Thursday the BitTorrent will increase or decrease in value.

The increase in value of the BitTorrent is 5.78% on an average Friday. However, the uncertainty on the average change is high for the BitTorrent on Fridays. This is the reason why an expected increase of the BitTorrent on an average Friday cannot be predicted. The standard deviation for BitTorrent on Fridays is high, namely 7.46%. This means that the expected range of value change for the BitTorrent is -1.68% and 13.24% on 68% of the Fridays.

The BitTorrent declines in value on an average Saturday with -2.41%. However, the uncertainty (or standard deviation) is quite large, namely 3.74%. This means that it is not possible to say whether on a regular Saturday the BitTorrent will increase or decrease in value.

BitTorrent weekday performance details

Find below the details of the performance of BitTorrent 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-2.89%3.77%-6.66% to 0.89%
Monday1.68%7.45%-5.77% to 9.13%
Tuesday-0.28%0.79%-1.07% to 0.51%
Wednesday-4.06%4.37%-8.43% to 0.31%
Thursday-1.88%4.38%-6.26% to 2.50%
Friday5.78%7.46%-1.68% to 13.24%
Saturday-2.41%3.74%-6.15% to 1.33%