Bitcoin SV (BSV)

Current price: $ 109.92

24 hours price change: $ 3.07 (2.87%)

Daily analysis of Bitcoin SV (BSV) - 6 months

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 6 months, starting on September 5th, 2023 to March 5th, 2024.

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 09/05/2023 and 03/05/2024.

According to the performance of Bitcoin SV between September 5th, 2023 and March 5th, 2024, Bitcoin SV performed the best on Wednesdays. On average, the price of Bitcoin SV increased 2.00% on Wednesday.

The weekday on which the Bitcoin SV performed the worst, is Monday. On Mondays, the Bitcoin SV declined in value on average by -0.15%.

Bitcoin SV weekday performance

Bitcoin SV increased in value on an average Sunday only slightly. The average increase in value of the Bitcoin SV was 0.24%. Allthough the Bitcoin SV closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.93%). This means that on 68 percent of the Sundays, the change in price of the Bitcoin SV is expected to be in the range of -1.69% and 2.17%.

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Monday. The average change on a Monday for the Bitcoin SV is -0.15%. However, the standard deviation on this weekday is 1.14%. This means that on most Mondays, the change in value of the Bitcoin SV is between -1.29% and 1.00%.

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bitcoin SV is -0.13%. However, the standard deviation on this weekday is 1.22%. This means that on most Tuesdays, the change in value of the Bitcoin SV is between -1.35% and 1.09%.

On an average Wednesday the Bitcoin SV shows an increase in value of 2.00%. However, the change of Bitcoin SV on most of the Wednesdays is between -8.45% and 12.44%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Bitcoin SVs.

On an average Thursday, the Bitcoin SV increased 0.54%. However, since the expected deviation is 3.94%, the Bitcoin SV will decline in value on a Thursday quiet regularly. The expected price change of the Bitcoin SV on a Thursday is between -3.40% and 4.49%.

Bitcoin SV increased in value on an average Friday only slightly. The average increase in value of the Bitcoin SV was 0.13%. Allthough the Bitcoin SV closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.37%). This means that on 68 percent of the Fridays, the change in price of the Bitcoin SV is expected to be in the range of -1.24% and 1.50%.

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Saturday. The average change on a Saturday for the Bitcoin SV is 0.00%. However, the standard deviation on this weekday is 1.76%. This means that on most Saturdays, the change in value of the Bitcoin SV is between -1.76% and 1.75%.

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 0.24% 1.93% -1.69% to 2.17%
Monday -0.15% 1.14% -1.29% to 1.00%
Tuesday -0.13% 1.22% -1.35% to 1.09%
Wednesday 2.00% 10.45% -8.45% to 12.44%
Thursday 0.54% 3.94% -3.40% to 4.49%
Friday 0.13% 1.37% -1.24% to 1.50%
Saturday 0.00% 1.76% -1.76% to 1.75%
 

About Us

: Financial indicators for cryptocurrencies