BitTorrent (BTT)

Current price: $ 0.00000068

24 hours price change: - (-)

Daily analysis of BitTorrent (BTT) - 6 months

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 6 months, starting on June 10th, 2022 to December 10th, 2022.

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 06/10/2022 and 12/10/2022.

According to the performance of BitTorrent between June 10th, 2022 and December 10th, 2022, BitTorrent performed the best on Saturdays. On average, the price of BitTorrent increased 0.31% on Saturday.

The weekday on which the BitTorrent performed the worst, is Wednesday. On Wednesdays, the BitTorrent declined in value on average by -0.31%.

BitTorrent weekday performance

BitTorrent increased in value on an average Sunday only slightly. The average increase in value of the BitTorrent was 0.28%. 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 (0.82%). This means that on 68 percent of the Sundays, the change in price of the BitTorrent is expected to be in the range of -0.54% and 1.10%.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Monday. The average change on a Monday for the BitTorrent is -0.22%. However, the standard deviation on this weekday is 0.65%. This means that on most Mondays, the change in value of the BitTorrent is between -0.87% and 0.44%.

BitTorrent increased in value on an average Tuesday only slightly. The average increase in value of the BitTorrent was 0.05%. 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 (0.94%). This means that on 68 percent of the Tuesdays, the change in price of the BitTorrent is expected to be in the range of -0.89% and 0.99%.

Allthough the BitTorrent decreases in value with -0.31% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of BitTorrent on Wednesdays is 1.80%. This means that the expected change of the value of BitTorrent is between -2.11% and 1.48% on 68 out of 100 Wednesdays.

BitTorrent increased in value on an average Thursday only slightly. The average increase in value of the BitTorrent was 0.05%. 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 (1.51%). This means that on 68 percent of the Thursdays, the change in price of the BitTorrent is expected to be in the range of -1.46% and 1.57%.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Friday. The average change on a Friday for the BitTorrent is -0.19%. However, the standard deviation on this weekday is 0.84%. This means that on most Fridays, the change in value of the BitTorrent is between -1.03% and 0.65%.

On an average Saturday, the BitTorrent increased 0.31%. However, since the expected deviation is 1.15%, the BitTorrent will decline in value on a Saturday quiet regularly. The expected price change of the BitTorrent on a Saturday is between -0.84% and 1.45%.

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 0.28% 0.82% -0.54% to 1.10%
Monday -0.22% 0.65% -0.87% to 0.44%
Tuesday 0.05% 0.94% -0.89% to 0.99%
Wednesday -0.31% 1.80% -2.11% to 1.48%
Thursday 0.05% 1.51% -1.46% to 1.57%
Friday -0.19% 0.84% -1.03% to 0.65%
Saturday 0.31% 1.15% -0.84% to 1.45%
 

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