Bytecoin (BCN)

Current price: $ 0.000622

24 hours price change: $ -0.000004 (-0.65%)

Daily analysis of Bytecoin (BCN) - 1 year

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 1 year, starting on October 3rd, 2021 to October 3rd, 2022.

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 10/03/2021 and 10/03/2022.

According to the performance of Bytecoin between October 3rd, 2021 and October 3rd, 2022, Bytecoin performed the best on Saturdays. On average, the price of Bytecoin increased 68.58% on Saturday.

The weekday on which the Bytecoin performed the worst, is Friday. On Fridays, the Bytecoin rose in value on average by 1.40%. The price still increased on Fridays, allthough it was the smallest increase of all days on average.

Bytecoin weekday performance

The increase in value of the Bytecoin is 14.47% 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 106.56%. This means that the expected range of value change for the Bytecoin is -92.09% and 121.03% on 68% of the Sundays.

The increase in value of the Bytecoin is 21.87% 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 108.98%. This means that the expected range of value change for the Bytecoin is -87.11% and 130.86% on 68% of the Mondays.

The increase in value of the Bytecoin is 21.88% 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 112.35%. This means that the expected range of value change for the Bytecoin is -90.47% and 134.24% on 68% of the Tuesdays.

The increase in value of the Bytecoin is 16.78% 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 96.72%. This means that the expected range of value change for the Bytecoin is -79.94% and 113.50% on 68% of the Wednesdays.

The increase in value of the Bytecoin is 29.22% 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 149.63%. This means that the expected range of value change for the Bytecoin is -120.42% and 178.85% on 68% of the Thursdays.

On an average Friday the Bytecoin shows an increase in value of 1.40%. However, the change of Bytecoin on most of the Fridays is between -34.89% and 37.69%. Therefore it is hard to tell whether an average Friday is a good day to start buying Bytecoins.

The increase in value of the Bytecoin is 68.58% 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 233.88%. This means that the expected range of value change for the Bytecoin is -165.30% and 302.46% 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 14.47% 106.56% -92.09% to 121.03%
Monday 21.87% 108.98% -87.11% to 130.86%
Tuesday 21.88% 112.35% -90.47% to 134.24%
Wednesday 16.78% 96.72% -79.94% to 113.50%
Thursday 29.22% 149.63% -120.42% to 178.85%
Friday 1.40% 36.29% -34.89% to 37.69%
Saturday 68.58% 233.88% -165.30% to 302.46%
 

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