The performance of Bytecoin regarding the price differs every day. To make the best decision to buy Bytecoin, we are analysis in this article the performance of Bytecoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on February 23rd, 2023 to March 23rd, 2023.
In the barchart below, the weekdays and average performance of Bytecoin are shown side by side.
According to the performance of Bytecoin between February 23rd, 2023 and March 23rd, 2023, Bytecoin performed the best on Saturdays. On average, the price of Bytecoin increased 475.01% on Saturday.
The weekday on which the Bytecoin performed the worst, is Wednesday. On Wednesdays, the Bytecoin declined in value on average by -71.32%.
Bytecoin weekday performance
Bytecoin increased in value on an average Sunday only slightly. The average increase in value of the Bytecoin was 0.15%. Allthough the Bytecoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.35%). This means that on 68 percent of the Sundays, the change in price of the Bytecoin is expected to be in the range of -0.20% and 0.50%.
The increase in value of the Bytecoin is 473.08% on an average Monday. However, the uncertainty on the average change is high for the Bytecoin on Mondays. This is the reason why an expected increase of the Bytecoin on an average Monday cannot be predicted. The standard deviation for Bytecoin on Mondays is high, namely 818.27%. This means that the expected range of value change for the Bytecoin is -345.19% and 1,291.36% on 68% of the Mondays.
The decrease in value of the Bytecoin is -23.30% on an average Tuesday. The uncertainty of the average change is high for the Bytecoin on Tuesdays. This means that it is hard to tell whether the Bytecoin will decrease or increase in value on an average Tuesday. If we look at the 68% range of the Bytecoin, we see that on 68% of the Tuesdays, the expected change of the Bytecoin is between -63.74% and 17.15%.
The decrease in value of the Bytecoin is -71.32% on an average Wednesday. The uncertainty of the average change is high for the Bytecoin on Wednesdays. This means that it is hard to tell whether the Bytecoin will decrease or increase in value on an average Wednesday. If we look at the 68% range of the Bytecoin, we see that on 68% of the Wednesdays, the expected change of the Bytecoin is between -112.35% and -30.29%.
It is hard to tell whether the Bytecoin will increase or decrease in value on an average Thursday. The average change on a Thursday for the Bytecoin is -0.06%. However, the standard deviation on this weekday is 0.20%. This means that on most Thursdays, the change in value of the Bytecoin is between -0.26% and 0.14%.
The decrease in value of the Bytecoin is -24.28% on an average Friday. The uncertainty of the average change is high for the Bytecoin on Fridays. This means that it is hard to tell whether the Bytecoin will decrease or increase in value on an average Friday. If we look at the 68% range of the Bytecoin, we see that on 68% of the Fridays, the expected change of the Bytecoin is between -66.10% and 17.54%.
The increase in value of the Bytecoin is 475.01% on an average Saturday. However, the uncertainty on the average change is high for the Bytecoin on Saturdays. This is the reason why an expected increase of the Bytecoin on an average Saturday cannot be predicted. The standard deviation for Bytecoin on Saturdays is high, namely 821.47%. This means that the expected range of value change for the Bytecoin is -346.46% and 1,296.49% on 68% of the Saturdays.
Bytecoin weekday performance details
Find below the details of the performance of Bytecoin 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 | 0.15% | 0.35% | -0.20% to 0.50% |
Monday | 473.08% | 818.27% | -345.19% to 1,291.36% |
Tuesday | -23.30% | 40.45% | -63.74% to 17.15% |
Wednesday | -71.32% | 41.03% | -112.35% to -30.29% |
Thursday | -0.06% | 0.20% | -0.26% to 0.14% |
Friday | -24.28% | 41.82% | -66.10% to 17.54% |
Saturday | 475.01% | 821.47% | -346.46% to 1,296.49% |