Hello Everyone,
I have decided to write a Steemit post 3 times a week to post my research findings on various economic and crypto-economic issues. I am almost complete in writing my thesis on finding patterns in bitcoin's price formation and possible source of the patterns so I will get into that once things become more conclusive and final. But for today, I will just post a table that delineates average percentage returns for each weekday and day from 5/1/17 - 3/27/18. The coef (coefficient) in the table is the average percentage change and the p-value is the respective consistency. The highlighted rows indicate high consistency, however, I think the p-values may not be that useful since the data set is pretty small, only having couple to few data for each day. So, conclude what you wish for now, I will give you more detailed pattern analysis in the days to come.
Yellow Highlight: 1% significance
Peach Highlight: 5-10% significance
Thanks
