BitTorrent (BTT)

Current price: $ 0.000295

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 6th, 2019 to December 5th, 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 06/06/2019 and 12/05/2019.

According to the performance of BitTorrent between June 6th, 2019 and December 5th, 2019, BitTorrent performed the best on Fridays. On average, the price of BitTorrent increased 1.66% on Friday.

The weekday on which the BitTorrent performed the worst, is Monday. On Mondays, the BitTorrent declined in value on average by -2.01%.

BitTorrent weekday performance

On an average Sunday the BitTorrent shows an increase in value of 1.20%. However, the change of BitTorrent on most of the Sundays is between -5.24% and 7.64%. Therefore it is hard to tell whether an average Sunday is a good day to start buying BitTorrents.

The BitTorrent declines in value on an average Monday with -2.01%. However, the uncertainty (or standard deviation) is quite large, namely 6.49%. This means that it is not possible to say whether on a regular Monday the BitTorrent will increase or decrease in value.

BitTorrent increased in value on an average Tuesday only slightly. The average increase in value of the BitTorrent was 0.08%. 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 (7.86%). This means that on 68 percent of the Tuesdays, the change in price of the BitTorrent is expected to be in the range of -7.78% and 7.94%.

On Wednesdays, the BitTorrent decreases in value on average with -0.76%. On most of the Wednesdays the BitTorrent decreases in value between -7.12% and 5.61%. The uncertainty (6.37%) is higher than the average decline percentage (-0.76%). Therefore, expected range of price changes of the BitTorrent on Wednesdays is large.

On an average Thursday, the BitTorrent increased 0.49%. However, since the expected deviation is 4.33%, the BitTorrent will decline in value on a Thursday quiet regularly. The expected price change of the BitTorrent on a Thursday is between -3.83% and 4.82%.

On an average Friday the BitTorrent shows an increase in value of 1.66%. However, the change of BitTorrent on most of the Fridays is between -3.66% and 6.99%. 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 1.59%. However, the change of BitTorrent on most of the Saturdays is between -5.53% and 8.70%. 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 1.20% 6.44% -5.24% to 7.64%
Monday -2.01% 6.49% -8.50% to 4.49%
Tuesday 0.08% 7.86% -7.78% to 7.94%
Wednesday -0.76% 6.37% -7.12% to 5.61%
Thursday 0.49% 4.33% -3.83% to 4.82%
Friday 1.66% 5.32% -3.66% to 6.99%
Saturday 1.59% 7.11% -5.53% to 8.70%