Bitcoin Private (BTCP)

Current price: $ 0.11

24 hours price change: $ 0.02 (15.48%)

Daily analysis of Bitcoin Private (BTCP) - 1 month

The performance of Bitcoin Private regarding the price differs every day. To make the best decision to buy Bitcoin Private, we are analysis in this article the performance of Bitcoin Private on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 8th, 2020 to July 7th, 2020.

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

Average daily change in price of Bitcoin Private per weekday between 06/08/2020 and 07/07/2020.

According to the performance of Bitcoin Private between June 8th, 2020 and July 7th, 2020, Bitcoin Private performed the best on Fridays. On average, the price of Bitcoin Private increased 267.93% on Friday.

The weekday on which the Bitcoin Private performed the worst, is Thursday. On Thursdays, the Bitcoin Private declined in value on average by -23.54%.

Bitcoin Private weekday performance

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Sunday. The average change on a Sunday for the Bitcoin Private is -0.01%. However, the standard deviation on this weekday is 0.02%. This means that on most Sundays, the change in value of the Bitcoin Private is between -0.03% and 0.01%.

The Bitcoin Private will almost not change or only slightly increase in value on an average Monday. The average change of the Bitcoin Private on Mondays is 0.07%. The standard deviation of the Bitcoin Private is 0.04%, which means that in 68% of the Mondays, the range of the change of the Bitcoin Private is 0.03% and 0.11%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

The decrease in value of the Bitcoin Private is -18.41% on an average Tuesday. The uncertainty of the average change is high for the Bitcoin Private on Tuesdays. This means that it is hard to tell whether the Bitcoin Private will decrease or increase in value on an average Tuesday. If we look at the 68% range of the Bitcoin Private, we see that on 68% of the Tuesdays, the expected change of the Bitcoin Private is between -55.21% and 18.40%.

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Bitcoin Private is -0.02%. However, the standard deviation on this weekday is 0.03%. This means that on most Wednesdays, the change in value of the Bitcoin Private is between -0.05% and 0.01%.

The decrease in value of the Bitcoin Private is -23.54% on an average Thursday. The uncertainty of the average change is high for the Bitcoin Private on Thursdays. This means that it is hard to tell whether the Bitcoin Private will decrease or increase in value on an average Thursday. If we look at the 68% range of the Bitcoin Private, we see that on 68% of the Thursdays, the expected change of the Bitcoin Private is between -64.28% and 17.20%.

The increase in value of the Bitcoin Private is 267.93% on an average Friday. However, the uncertainty on the average change is high for the Bitcoin Private on Fridays. This is the reason why an expected increase of the Bitcoin Private on an average Friday cannot be predicted. The standard deviation for Bitcoin Private on Fridays is high, namely 515.63%. This means that the expected range of value change for the Bitcoin Private is -247.70% and 783.56% on 68% of the Fridays.

The increase in value of the Bitcoin Private is 171.49% on an average Saturday. However, the uncertainty on the average change is high for the Bitcoin Private on Saturdays. This is the reason why an expected increase of the Bitcoin Private on an average Saturday cannot be predicted. The standard deviation for Bitcoin Private on Saturdays is high, namely 297.02%. This means that the expected range of value change for the Bitcoin Private is -125.53% and 468.51% on 68% of the Saturdays.

Bitcoin Private weekday performance details

Find below the details of the performance of Bitcoin Private 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 -0.01% 0.02% -0.03% to 0.01%
Monday 0.07% 0.04% 0.03% to 0.11%
Tuesday -18.41% 36.81% -55.21% to 18.40%
Wednesday -0.02% 0.03% -0.05% to 0.01%
Thursday -23.54% 40.74% -64.28% to 17.20%
Friday 267.93% 515.63% -247.70% to 783.56%
Saturday 171.49% 297.02% -125.53% to 468.51%
 

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