BitTorrent (BTT)

Current price: $ 0.000004

24 hours price change: $ -0.000001 (-26.23%)

Daily analysis of BitTorrent (BTT) - 1 month

The performance of BitTorrent regarding the price differs every day. To make the best decision to buy BitTorrent, we are analysis in this article the performance of BitTorrent on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 18th, 2021 to January 18th, 2022.

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

Average daily change in price of BitTorrent per weekday between 12/18/2021 and 01/18/2022.

According to the performance of BitTorrent between December 18th, 2021 and January 18th, 2022, BitTorrent performed the best on Sundays. On average, the price of BitTorrent increased 0.17% on Sunday.

The weekday on which the BitTorrent performed the worst, is Wednesday. On Wednesdays, the BitTorrent declined in value on average by -2.48%.

BitTorrent weekday performance

BitTorrent increased in value on an average Sunday only slightly. The average increase in value of the BitTorrent was 0.17%. Allthough the BitTorrent closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.45%). This means that on 68 percent of the Sundays, the change in price of the BitTorrent is expected to be in the range of -0.28% and 0.61%.

Allthough the BitTorrent decreases in value with -0.33% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of BitTorrent on Mondays is 0.32%. This means that the expected change of the value of BitTorrent is between -0.64% and -0.01% on 68 out of 100 Mondays.

Allthough the BitTorrent decreases in value with -0.50% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of BitTorrent on Tuesdays is 0.59%. This means that the expected change of the value of BitTorrent is between -1.09% and 0.09% on 68 out of 100 Tuesdays.

The BitTorrent declines in value on an average Wednesday with -2.48%. However, the uncertainty (or standard deviation) is quite large, namely 5.14%. This means that it is not possible to say whether on a regular Wednesday the BitTorrent will increase or decrease in value.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Thursday. The average change on a Thursday for the BitTorrent is -0.25%. However, the standard deviation on this weekday is 1.11%. This means that on most Thursdays, the change in value of the BitTorrent is between -1.36% and 0.85%.

On Fridays, the BitTorrent decreases in value on average with -0.73%. On most of the Fridays the BitTorrent decreases in value between -2.07% and 0.62%. The uncertainty (1.35%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the BitTorrent on Fridays is large.

The BitTorrent declines in value on an average Saturday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 4.06%. This means that it is not possible to say whether on a regular Saturday the BitTorrent will increase or decrease in value.

BitTorrent weekday performance details

Find below the details of the performance of BitTorrent 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 0.17% 0.45% -0.28% to 0.61%
Monday -0.33% 0.32% -0.64% to -0.01%
Tuesday -0.50% 0.59% -1.09% to 0.09%
Wednesday -2.48% 5.14% -7.62% to 2.66%
Thursday -0.25% 1.11% -1.36% to 0.85%
Friday -0.73% 1.35% -2.07% to 0.62%
Saturday -1.03% 4.06% -5.08% to 3.03%
 

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