Bitcoin Private (BTCP)

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Daily analysis of Bitcoin Private (BTCP) - 3 months

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 3 months, starting on November 27th, 2020 to February 25th, 2021.

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 11/27/2020 and 02/25/2021.

According to the performance of Bitcoin Private between November 27th, 2020 and February 25th, 2021, Bitcoin Private performed the best on Sundays. On average, the price of Bitcoin Private increased 0.30% on Sunday.

The weekday on which the Bitcoin Private performed the worst, is Monday. On Mondays, the Bitcoin Private declined in value on average by -0.25%.

Bitcoin Private weekday performance

On an average Sunday, the Bitcoin Private increased 0.30%. However, since the expected deviation is 1.12%, the Bitcoin Private will decline in value on a Sunday quiet regularly. The expected price change of the Bitcoin Private on a Sunday is between -0.82% and 1.42%.

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Monday. The average change on a Monday for the Bitcoin Private is -0.25%. However, the standard deviation on this weekday is 0.96%. This means that on most Mondays, the change in value of the Bitcoin Private is between -1.21% and 0.71%.

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bitcoin Private is -0.01%. However, the standard deviation on this weekday is 1.58%. This means that on most Tuesdays, the change in value of the Bitcoin Private is between -1.59% and 1.57%.

Bitcoin Private increased in value on an average Wednesday only slightly. The average increase in value of the Bitcoin Private was 0.30%. Allthough the Bitcoin Private closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.24%). This means that on 68 percent of the Wednesdays, the change in price of the Bitcoin Private is expected to be in the range of -0.94% and 1.54%.

It is hard to tell whether the Bitcoin Private will increase or decrease in value on an average Thursday. The average change on a Thursday for the Bitcoin Private is -0.10%. However, the standard deviation on this weekday is 0.75%. This means that on most Thursdays, the change in value of the Bitcoin Private is between -0.85% and 0.65%.

Bitcoin Private increased in value on an average Friday only slightly. The average increase in value of the Bitcoin Private was 0.14%. Allthough the Bitcoin Private closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.60%). This means that on 68 percent of the Fridays, the change in price of the Bitcoin Private is expected to be in the range of -0.46% and 0.74%.

Bitcoin Private increased in value on an average Saturday only slightly. The average increase in value of the Bitcoin Private was 0.20%. Allthough the Bitcoin Private closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.68%). This means that on 68 percent of the Saturdays, the change in price of the Bitcoin Private is expected to be in the range of -0.48% and 0.88%.

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 0.30% 1.12% -0.82% to 1.42%
Monday -0.25% 0.96% -1.21% to 0.71%
Tuesday -0.01% 1.58% -1.59% to 1.57%
Wednesday 0.30% 1.24% -0.94% to 1.54%
Thursday -0.10% 0.75% -0.85% to 0.65%
Friday 0.14% 0.60% -0.46% to 0.74%
Saturday 0.20% 0.68% -0.48% to 0.88%
 

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