Bitcoin SV (BSV)

Current price: $ 192.35

24 hours price change: $ 10.40 (5.72%)

Daily analysis of Bitcoin SV (BSV) - 1 month

The performance of Bitcoin SV regarding the price differs every day. To make the best decision to buy Bitcoin SV, we are analysis in this article the performance of Bitcoin SV on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on January 24th, 2021 to February 24th, 2021.

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

Average daily change in price of Bitcoin SV per weekday between 01/24/2021 and 02/24/2021.

According to the performance of Bitcoin SV between January 24th, 2021 and February 24th, 2021, Bitcoin SV performed the best on Saturdays. On average, the price of Bitcoin SV increased 2.41% on Saturday.

The weekday on which the Bitcoin SV performed the worst, is Monday. On Mondays, the Bitcoin SV declined in value on average by -2.98%.

Bitcoin SV weekday performance

On an average Sunday the Bitcoin SV shows an increase in value of 1.46%. However, the change of Bitcoin SV on most of the Sundays is between -0.10% and 3.02%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Bitcoin SVs.

The Bitcoin SV declines in value on an average Monday with -2.98%. However, the uncertainty (or standard deviation) is quite large, namely 3.77%. This means that it is not possible to say whether on a regular Monday the Bitcoin SV will increase or decrease in value.

The Bitcoin SV declines in value on an average Tuesday with -1.84%. However, the uncertainty (or standard deviation) is quite large, namely 3.53%. This means that it is not possible to say whether on a regular Tuesday the Bitcoin SV will increase or decrease in value.

On an average Wednesday the Bitcoin SV shows an increase in value of 1.44%. However, the change of Bitcoin SV on most of the Wednesdays is between -0.93% and 3.81%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Bitcoin SVs.

The average increase of the Bitcoin SV on an average Thursday is 0.56%. This is a small increase, however, the expected change of the Bitcoin SV in 95% of the Thursdays is -0.03% and 1.16%. This means that only on 2.5% (or slightly over 1 Thursday per year) the expected change of the Bitcoin SV is below -0.03%. On the other hand, you would not have to expect that the change on a single Thursday will be above 1.16%. This will also only happen on 2.5% of the Thursdays. On 68% of the Thursdays, the increase of the Bitcoin SV will be in the range of 0.27% and 0.86%.

On an average Friday the Bitcoin SV shows an increase in value of 1.07%. However, the change of Bitcoin SV on most of the Fridays is between -0.54% and 2.68%. Therefore it is hard to tell whether an average Friday is a good day to start buying Bitcoin SVs.

On an average Saturday the Bitcoin SV shows an increase in value of 2.41%. However, the change of Bitcoin SV on most of the Saturdays is between -4.10% and 8.91%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Bitcoin SVs.

Bitcoin SV weekday performance details

Find below the details of the performance of Bitcoin SV 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 1.46% 1.56% -0.10% to 3.02%
Monday -2.98% 3.77% -6.74% to 0.79%
Tuesday -1.84% 3.53% -5.37% to 1.69%
Wednesday 1.44% 2.37% -0.93% to 3.81%
Thursday 0.56% 0.30% 0.27% to 0.86%
Friday 1.07% 1.61% -0.54% to 2.68%
Saturday 2.41% 6.51% -4.10% to 8.91%
 

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