Bytecoin (BCN)

Current price: $ 0.000484

24 hours price change: $ 0.000005 (1.15%)

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 January 28th, 2022 to January 28th, 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 01/28/2022 and 01/28/2023.

According to the performance of Bytecoin between January 28th, 2022 and January 28th, 2023, Bytecoin performed the best on Wednesdays. On average, the price of Bytecoin increased 183.47% on Wednesday.

The weekday on which the Bytecoin performed the worst, is Friday. On Fridays, the Bytecoin rose in value on average by 0.85%. The price still increased on Fridays, allthough it was the smallest increase of all days on average.

Bytecoin weekday performance

The increase in value of the Bytecoin is 61.75% 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 300.19%. This means that the expected range of value change for the Bytecoin is -238.44% and 361.94% on 68% of the Sundays.

The increase in value of the Bytecoin is 34.72% 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 154.51%. This means that the expected range of value change for the Bytecoin is -119.79% and 189.24% on 68% of the Mondays.

The increase in value of the Bytecoin is 52.19% 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 406.88%. This means that the expected range of value change for the Bytecoin is -354.70% and 459.07% on 68% of the Tuesdays.

The increase in value of the Bytecoin is 183.47% 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 680.47%. This means that the expected range of value change for the Bytecoin is -497.00% and 863.94% on 68% of the Wednesdays.

The increase in value of the Bytecoin is 83.11% 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 422.09%. This means that the expected range of value change for the Bytecoin is -338.98% and 505.20% on 68% of the Thursdays.

Historical performance on Friday do not show an increase in value of the Bytecoin on which a prediction can be made. The Bytecoin increased in value on average on an average Friday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the Bytecoin on a Friday is between -35.62% and 37.32% (see also the table below).

The increase in value of the Bytecoin is 148.25% 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 581.73%. This means that the expected range of value change for the Bytecoin is -433.48% and 729.99% 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 61.75% 300.19% -238.44% to 361.94%
Monday 34.72% 154.51% -119.79% to 189.24%
Tuesday 52.19% 406.88% -354.70% to 459.07%
Wednesday 183.47% 680.47% -497.00% to 863.94%
Thursday 83.11% 422.09% -338.98% to 505.20%
Friday 0.85% 36.47% -35.62% to 37.32%
Saturday 148.25% 581.73% -433.48% to 729.99%
 

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