BitTorrent (BTT)

Current price: $ 0.006283

24 hours price change: $ -0.001222 (-16.28%)

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 March 23rd, 2021 to April 23rd, 2021.

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 03/23/2021 and 04/23/2021.

According to the performance of BitTorrent between March 23rd, 2021 and April 23rd, 2021, BitTorrent performed the best on Tuesdays. On average, the price of BitTorrent increased 3.66% on Tuesday.

The weekday on which the BitTorrent performed the worst, is Sunday. On Sundays, the BitTorrent declined in value on average by -1.30%.

BitTorrent weekday performance

The BitTorrent declines in value on an average Sunday with -1.30%. However, the uncertainty (or standard deviation) is quite large, namely 2.29%. 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 1.61%. However, the change of BitTorrent on most of the Mondays is between -0.37% and 3.59%. Therefore it is hard to tell whether an average Monday is a good day to start buying BitTorrents.

The increase in value of the BitTorrent is 3.66% on an average Tuesday. However, the uncertainty on the average change is high for the BitTorrent on Tuesdays. This is the reason why an expected increase of the BitTorrent on an average Tuesday cannot be predicted. The standard deviation for BitTorrent on Tuesdays is high, namely 8.26%. This means that the expected range of value change for the BitTorrent is -4.59% and 11.92% on 68% of the Tuesdays.

On an average Wednesday the BitTorrent shows an increase in value of 2.10%. However, the change of BitTorrent on most of the Wednesdays is between -2.32% and 6.51%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying BitTorrents.

BitTorrent increased in value on an average Thursday only slightly. The average increase in value of the BitTorrent was 0.07%. Allthough the BitTorrent closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.44%). This means that on 68 percent of the Thursdays, the change in price of the BitTorrent is expected to be in the range of -0.37% and 0.52%.

On an average Friday the BitTorrent shows an increase in value of 2.72%. However, the change of BitTorrent on most of the Fridays is between -2.47% and 7.92%. Therefore it is hard to tell whether an average Friday is a good day to start buying BitTorrents.

On an average Saturday the BitTorrent shows an increase in value of 1.84%. However, the change of BitTorrent on most of the Saturdays is between -1.21% and 4.90%. Therefore it is hard to tell whether an average Saturday is a good day to start buying BitTorrents.

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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday -1.30% 2.29% -3.59% to 0.99%
Monday 1.61% 1.98% -0.37% to 3.59%
Tuesday 3.66% 8.26% -4.59% to 11.92%
Wednesday 2.10% 4.42% -2.32% to 6.51%
Thursday 0.07% 0.44% -0.37% to 0.52%
Friday 2.72% 5.20% -2.47% to 7.92%
Saturday 1.84% 3.05% -1.21% to 4.90%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.