
At the end of the ~4-year halving period starting in April 2024, I will access Google Finance to get a time series which gives, for every day over the course of this halving period, the quantity
ln((Price of BTC/USD on that day)/(Price of BTC/USD on 2024 halving date))
I will run a linear regression on this data.
The linear regression will have a few components (where t is the fraction of the halving period which has elapsed):
A constant component (1).
A linear component, scaling linearly with the time (t).
A component of the form cos(2 pi t),
A similar component of the form sin(2 pi t).
So in total
b1 + b2 t + b3 cos(2pi t) + b4 sin (2pi t)
I will resolve the answers proportionally to the square of their coefficients in this regression.
Making this market to try to address questions about whether the halving cycle drives price.