Bytecoin (BCN)

Current price: $ 0.000324

24 hours price change: $ -0.000005 (-1.52%)

Daily analysis of Bytecoin (BCN) - 1 year

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 year, starting on September 24th, 2022 to September 24th, 2023.

In the barchart below, the weekdays and average performance of Bytecoin are shown side by side.

Average daily change in price of Bytecoin per weekday between 09/24/2022 and 09/24/2023.

According to the performance of Bytecoin between September 24th, 2022 and September 24th, 2023, Bytecoin performed the best on Saturdays. On average, the price of Bytecoin increased 158.81% on Saturday.

The weekday on which the Bytecoin performed the worst, is Friday. On Fridays, the Bytecoin declined in value on average by -3.67%.

Bytecoin weekday performance

The increase in value of the Bytecoin is 48.51% on an average Sunday. However, the uncertainty on the average change is high for the Bytecoin on Sundays. This is the reason why an expected increase of the Bytecoin on an average Sunday cannot be predicted. The standard deviation for Bytecoin on Sundays is high, namely 283.24%. This means that the expected range of value change for the Bytecoin is -234.74% and 331.75% on 68% of the Sundays.

The increase in value of the Bytecoin is 122.23% 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 456.84%. This means that the expected range of value change for the Bytecoin is -334.60% and 579.07% on 68% of the Mondays.

The increase in value of the Bytecoin is 77.66% on an average Tuesday. However, the uncertainty on the average change is high for the Bytecoin on Tuesdays. This is the reason why an expected increase of the Bytecoin on an average Tuesday cannot be predicted. The standard deviation for Bytecoin on Tuesdays is high, namely 474.86%. This means that the expected range of value change for the Bytecoin is -397.20% and 552.51% on 68% of the Tuesdays.

The increase in value of the Bytecoin is 158.00% on an average Wednesday. However, the uncertainty on the average change is high for the Bytecoin on Wednesdays. This is the reason why an expected increase of the Bytecoin on an average Wednesday cannot be predicted. The standard deviation for Bytecoin on Wednesdays is high, namely 680.64%. This means that the expected range of value change for the Bytecoin is -522.65% and 838.64% on 68% of the Wednesdays.

The increase in value of the Bytecoin is 48.68% on an average Thursday. However, the uncertainty on the average change is high for the Bytecoin on Thursdays. This is the reason why an expected increase of the Bytecoin on an average Thursday cannot be predicted. The standard deviation for Bytecoin on Thursdays is high, namely 399.87%. This means that the expected range of value change for the Bytecoin is -351.20% and 448.55% on 68% of the Thursdays.

The decrease in value of the Bytecoin is -3.67% 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 -21.94% and 14.59%.

The increase in value of the Bytecoin is 158.81% 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 612.84%. This means that the expected range of value change for the Bytecoin is -454.03% and 771.65% 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 48.51% 283.24% -234.74% to 331.75%
Monday 122.23% 456.84% -334.60% to 579.07%
Tuesday 77.66% 474.86% -397.20% to 552.51%
Wednesday 158.00% 680.64% -522.65% to 838.64%
Thursday 48.68% 399.87% -351.20% to 448.55%
Friday -3.67% 18.26% -21.94% to 14.59%
Saturday 158.81% 612.84% -454.03% to 771.65%
 

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