Bytecoin (BCN)

Current price: $ 0.000758

24 hours price change: $ 0.000007 (0.92%)

Daily analysis of Bytecoin (BCN) - 6 months

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 6 months, starting on January 15th, 2019 to July 14th, 2019.

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 01/15/2019 and 07/14/2019.

According to the performance of Bytecoin between January 15th, 2019 and July 14th, 2019, Bytecoin performed the best on Tuesdays. On average, the price of Bytecoin increased 0.69% on Tuesday.

The weekday on which the Bytecoin performed the worst, is Friday. On Fridays, the Bytecoin declined in value on average by -1.47%.

Bytecoin weekday performance

Historical performance on Sunday 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 Sunday with 0.67%. However, the uncertainty of this increase is high. The expected change in value of the Bytecoin on a Sunday is between -1.35% and 2.70% (see also the table below).

On an average Monday, the Bytecoin increased 0.37%. However, since the expected deviation is 2.35%, the Bytecoin will decline in value on a Monday quiet regularly. The expected price change of the Bytecoin on a Monday is between -1.98% and 2.72%.

Historical performance on Tuesday 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 Tuesday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Bytecoin on a Tuesday is between -3.03% and 4.40% (see also the table below).

On Wednesdays, the Bytecoin decreases in value on average with -0.83%. On most of the Wednesdays the Bytecoin decreases in value between -3.38% and 1.71%. The uncertainty (2.55%) is higher than the average decline percentage (-0.83%). Therefore, expected range of price changes of the Bytecoin on Wednesdays is large.

On Thursdays, the Bytecoin decreases in value on average with -0.74%. On most of the Thursdays the Bytecoin decreases in value between -3.70% and 2.22%. The uncertainty (2.96%) is higher than the average decline percentage (-0.74%). Therefore, expected range of price changes of the Bytecoin on Thursdays is large.

The Bytecoin declines in value on an average Friday with -1.47%. However, the uncertainty (or standard deviation) is quite large, namely 3.64%. This means that it is not possible to say whether on a regular Friday the Bytecoin will increase or decrease in value.

It is hard to tell whether the Bytecoin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Bytecoin is -0.26%. However, the standard deviation on this weekday is 2.99%. This means that on most Saturdays, the change in value of the Bytecoin is between -3.25% and 2.73%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday0.67%2.03%-1.35% to 2.70%
Monday0.37%2.35%-1.98% to 2.72%
Tuesday0.69%3.71%-3.03% to 4.40%
Wednesday-0.83%2.55%-3.38% to 1.71%
Thursday-0.74%2.96%-3.70% to 2.22%
Friday-1.47%3.64%-5.11% to 2.18%
Saturday-0.26%2.99%-3.25% to 2.73%