BitTorrent (BTT)

Current price: $ 0.000001

24 hours price change: $ 0.00000031 (30.48%)

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, 2023 to December 10th, 2023.

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 06/10/2023 and 12/10/2023.

According to the performance of BitTorrent between June 10th, 2023 and December 10th, 2023, BitTorrent performed the best on Fridays. On average, the price of BitTorrent increased 0.42% on Friday.

The weekday on which the BitTorrent performed the worst, is Wednesday. On Wednesdays, the BitTorrent declined in value on average by -0.25%.

BitTorrent weekday performance

BitTorrent increased in value on an average Sunday only slightly. The average increase in value of the BitTorrent was 0.16%. 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 (2.37%). This means that on 68 percent of the Sundays, the change in price of the BitTorrent is expected to be in the range of -2.22% and 2.53%.

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 -0.16%. However, the standard deviation on this weekday is 0.80%. This means that on most Mondays, the change in value of the BitTorrent is between -0.96% and 0.64%.

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 -0.07%. However, the standard deviation on this weekday is 1.18%. This means that on most Tuesdays, the change in value of the BitTorrent is between -1.25% and 1.11%.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the BitTorrent is -0.25%. However, the standard deviation on this weekday is 1.59%. This means that on most Wednesdays, the change in value of the BitTorrent is between -1.84% and 1.34%.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Thursday. The average change on a Thursday for the BitTorrent is -0.13%. However, the standard deviation on this weekday is 1.18%. This means that on most Thursdays, the change in value of the BitTorrent is between -1.32% and 1.05%.

On an average Friday, the BitTorrent increased 0.42%. However, since the expected deviation is 3.45%, the BitTorrent will decline in value on a Friday quiet regularly. The expected price change of the BitTorrent on a Friday is between -3.03% and 3.87%.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Saturday. The average change on a Saturday for the BitTorrent is -0.13%. However, the standard deviation on this weekday is 1.15%. This means that on most Saturdays, the change in value of the BitTorrent is between -1.28% and 1.02%.

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 0.16% 2.37% -2.22% to 2.53%
Monday -0.16% 0.80% -0.96% to 0.64%
Tuesday -0.07% 1.18% -1.25% to 1.11%
Wednesday -0.25% 1.59% -1.84% to 1.34%
Thursday -0.13% 1.18% -1.32% to 1.05%
Friday 0.42% 3.45% -3.03% to 3.87%
Saturday -0.13% 1.15% -1.28% to 1.02%
 

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