Bitcoin Diamond (BCD)

Current price: $ 0.89

24 hours price change: $ 0.04 (4.65%)

Daily analysis of Bitcoin Diamond (BCD) - 1 month

The performance of Bitcoin Diamond regarding the price differs every day. To make the best decision to buy Bitcoin Diamond, we are analysis in this article the performance of Bitcoin Diamond on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 25th, 2021 to January 25th, 2022.

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

Average daily change in price of Bitcoin Diamond per weekday between 12/25/2021 and 01/25/2022.

According to the performance of Bitcoin Diamond between December 25th, 2021 and January 25th, 2022, Bitcoin Diamond performed the best on Thursdays. On average, the price of Bitcoin Diamond increased 0.27% on Thursday.

The weekday on which the Bitcoin Diamond performed the worst, is Tuesday. On Tuesdays, the Bitcoin Diamond declined in value on average by -0.88%.

Bitcoin Diamond weekday performance

Bitcoin Diamond increased in value on an average Sunday only slightly. The average increase in value of the Bitcoin Diamond was 0.06%. Allthough the Bitcoin Diamond closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.08%). This means that on 68 percent of the Sundays, the change in price of the Bitcoin Diamond is expected to be in the range of -1.02% and 1.14%.

Allthough the Bitcoin Diamond decreases in value with -0.57% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Diamond on Mondays is 0.89%. This means that the expected change of the value of Bitcoin Diamond is between -1.46% and 0.32% on 68 out of 100 Mondays.

On Tuesdays, the Bitcoin Diamond decreases in value on average with -0.88%. On most of the Tuesdays the Bitcoin Diamond decreases in value between -1.98% and 0.22%. The uncertainty (1.10%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the Bitcoin Diamond on Tuesdays is large.

Bitcoin Diamond increased in value on an average Wednesday only slightly. The average increase in value of the Bitcoin Diamond was 0.22%. Allthough the Bitcoin Diamond closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.69%). This means that on 68 percent of the Wednesdays, the change in price of the Bitcoin Diamond is expected to be in the range of -0.47% and 0.91%.

Bitcoin Diamond increased in value on an average Thursday only slightly. The average increase in value of the Bitcoin Diamond was 0.27%. Allthough the Bitcoin Diamond closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.40%). This means that on 68 percent of the Thursdays, the change in price of the Bitcoin Diamond is expected to be in the range of -0.13% and 0.67%.

Allthough the Bitcoin Diamond decreases in value with -0.51% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Diamond on Fridays is 1.21%. This means that the expected change of the value of Bitcoin Diamond is between -1.73% and 0.70% on 68 out of 100 Fridays.

Allthough the Bitcoin Diamond decreases in value with -0.46% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Diamond on Saturdays is 1.80%. This means that the expected change of the value of Bitcoin Diamond is between -2.26% and 1.34% on 68 out of 100 Saturdays.

Bitcoin Diamond weekday performance details

Find below the details of the performance of Bitcoin Diamond 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 0.06% 1.08% -1.02% to 1.14%
Monday -0.57% 0.89% -1.46% to 0.32%
Tuesday -0.88% 1.10% -1.98% to 0.22%
Wednesday 0.22% 0.69% -0.47% to 0.91%
Thursday 0.27% 0.40% -0.13% to 0.67%
Friday -0.51% 1.21% -1.73% to 0.70%
Saturday -0.46% 1.80% -2.26% to 1.34%
 

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