Bitcoin Diamond (BCD)

Current price: $ 1.10

24 hours price change: $ 0.05 (4.56%)

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 February 9th, 2021 to March 9th, 2021.

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 02/09/2021 and 03/09/2021.

According to the performance of Bitcoin Diamond between February 9th, 2021 and March 9th, 2021, Bitcoin Diamond performed the best on Saturdays. On average, the price of Bitcoin Diamond increased 4.57% on Saturday.

The weekday on which the Bitcoin Diamond performed the worst, is Tuesday. On Tuesdays, the Bitcoin Diamond declined in value on average by -1.69%.

Bitcoin Diamond weekday performance

On an average Sunday, the Bitcoin Diamond increased 0.33%. However, since the expected deviation is 3.75%, the Bitcoin Diamond will decline in value on a Sunday quiet regularly. The expected price change of the Bitcoin Diamond on a Sunday is between -3.42% and 4.08%.

On an average Monday the Bitcoin Diamond shows a high increase in value, namely 2.20%. The standard deviation is below the average increase percentage (standard deviation is 2.15%), meaning that on 68% of the Mondays the Bitcoin Diamond will increase with a percentage between 0.05% and 4.34%. This also means that, on average, on 16 percent of the Mondays, the Bitcoin Diamond will increase with a percentage above this range. On the other 16% of the Mondays, the Bitcoin Diamond will change with a percentage below the 0.05%.

The Bitcoin Diamond declines in value on an average Tuesday with -1.69%. However, the uncertainty (or standard deviation) is quite large, namely 1.40%. This means that it is not possible to say whether on a regular Tuesday the Bitcoin Diamond will increase or decrease in value.

On Wednesdays, the Bitcoin Diamond decreases in value on average with -0.83%. On most of the Wednesdays the Bitcoin Diamond decreases in value between -2.46% and 0.80%. The uncertainty (1.63%) is higher than the average decline percentage (-0.83%). Therefore, expected range of price changes of the Bitcoin Diamond on Wednesdays is large.

On an average Thursday the Bitcoin Diamond shows a high increase in value, namely 2.32%. The standard deviation is below the average increase percentage (standard deviation is 1.96%), meaning that on 68% of the Thursdays the Bitcoin Diamond will increase with a percentage between 0.36% and 4.28%. This also means that, on average, on 16 percent of the Thursdays, the Bitcoin Diamond will increase with a percentage above this range. On the other 16% of the Thursdays, the Bitcoin Diamond will change with a percentage below the 0.36%.

The Bitcoin Diamond declines in value on an average Friday with -1.09%. However, the uncertainty (or standard deviation) is quite large, namely 2.10%. This means that it is not possible to say whether on a regular Friday the Bitcoin Diamond will increase or decrease in value.

The increase in value of the Bitcoin Diamond is 4.57% on an average Saturday. However, the uncertainty on the average change is high for the Bitcoin Diamond on Saturdays. This is the reason why an expected increase of the Bitcoin Diamond on an average Saturday cannot be predicted. The standard deviation for Bitcoin Diamond on Saturdays is high, namely 9.56%. This means that the expected range of value change for the Bitcoin Diamond is -4.99% and 14.13% on 68% of the 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 0.33% 3.75% -3.42% to 4.08%
Monday 2.20% 2.15% 0.05% to 4.34%
Tuesday -1.69% 1.40% -3.09% to -0.29%
Wednesday -0.83% 1.63% -2.46% to 0.80%
Thursday 2.32% 1.96% 0.36% to 4.28%
Friday -1.09% 2.10% -3.20% to 1.01%
Saturday 4.57% 9.56% -4.99% to 14.13%
 

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