Bytecoin (BCN)

Current price: $ 0.000323

24 hours price change: $ -0.000006 (-1.86%)

Daily analysis of Bytecoin (BCN) - all

The performance of Bytecoin regarding the price differs every day. To make the best decision to buy Bytecoin, we are analysis in this article the performance of Bytecoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on June 1st, 2017 to September 25th, 2023.

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

Average daily change in price of Bytecoin per weekday between 06/01/2017 and 09/25/2023.

According to the performance of Bytecoin between June 1st, 2017 and September 25th, 2023, Bytecoin performed the best on Saturdays. On average, the price of Bytecoin increased 37.71% on Saturday.

The weekday on which the Bytecoin performed the worst, is Friday. On Fridays, the Bytecoin declined in value on average by -0.21%.

Bytecoin weekday performance

The increase in value of the Bytecoin is 10.32% on an average Sunday. However, the uncertainty on the average change is high for the Bytecoin on Sundays. This is the reason why an expected increase of the Bytecoin on an average Sunday cannot be predicted. The standard deviation for Bytecoin on Sundays is high, namely 122.61%. This means that the expected range of value change for the Bytecoin is -112.30% and 132.93% on 68% of the Sundays.

The increase in value of the Bytecoin is 22.74% on an average Monday. However, the uncertainty on the average change is high for the Bytecoin on Mondays. This is the reason why an expected increase of the Bytecoin on an average Monday cannot be predicted. The standard deviation for Bytecoin on Mondays is high, namely 191.71%. This means that the expected range of value change for the Bytecoin is -168.97% and 214.45% on 68% of the Mondays.

The increase in value of the Bytecoin is 15.88% on an average Tuesday. However, the uncertainty on the average change is high for the Bytecoin on Tuesdays. This is the reason why an expected increase of the Bytecoin on an average Tuesday cannot be predicted. The standard deviation for Bytecoin on Tuesdays is high, namely 196.04%. This means that the expected range of value change for the Bytecoin is -180.16% and 211.91% on 68% of the Tuesdays.

The increase in value of the Bytecoin is 27.56% on an average Wednesday. However, the uncertainty on the average change is high for the Bytecoin on Wednesdays. This is the reason why an expected increase of the Bytecoin on an average Wednesday cannot be predicted. The standard deviation for Bytecoin on Wednesdays is high, namely 279.22%. This means that the expected range of value change for the Bytecoin is -251.66% and 306.78% on 68% of the Wednesdays.

The increase in value of the Bytecoin is 12.27% on an average Thursday. However, the uncertainty on the average change is high for the Bytecoin on Thursdays. This is the reason why an expected increase of the Bytecoin on an average Thursday cannot be predicted. The standard deviation for Bytecoin on Thursdays is high, namely 170.66%. This means that the expected range of value change for the Bytecoin is -158.39% and 182.93% on 68% of the Thursdays.

It is hard to tell whether the Bytecoin will increase or decrease in value on an average Friday. The average change on a Friday for the Bytecoin is -0.21%. However, the standard deviation on this weekday is 17.74%. This means that on most Fridays, the change in value of the Bytecoin is between -17.95% and 17.53%.

The increase in value of the Bytecoin is 37.71% on an average Saturday. However, the uncertainty on the average change is high for the Bytecoin on Saturdays. This is the reason why an expected increase of the Bytecoin on an average Saturday cannot be predicted. The standard deviation for Bytecoin on Saturdays is high, namely 270.97%. This means that the expected range of value change for the Bytecoin is -233.26% and 308.68% on 68% of the Saturdays.

Bytecoin weekday performance details

Find below the details of the performance of Bytecoin 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 10.32% 122.61% -112.30% to 132.93%
Monday 22.74% 191.71% -168.97% to 214.45%
Tuesday 15.88% 196.04% -180.16% to 211.91%
Wednesday 27.56% 279.22% -251.66% to 306.78%
Thursday 12.27% 170.66% -158.39% to 182.93%
Friday -0.21% 17.74% -17.95% to 17.53%
Saturday 37.71% 270.97% -233.26% to 308.68%
 

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