Block Scholes x Bybit Report: The Bitcoin Rally May Not Yet Be Over
Aug 14, 2024
5 min read
Key Highlights:
Our Crypto Insights report attempts to answer the key question of whether the current Bitcoin rally is over. We address this from many perspectives, including historical price action, Bitcoin’s correlation with macroeconomic factors, market sensitivity analysis, market asset rotation and institutional influence.
In this report, we’ll guide you through a comprehensive checklist to identify potential signals that this latest rally has come to an end. After thoroughly evaluating all the indicators on the checklist, we conclude that the current Bitcoin bull cycle has not yet reached its conclusion.