Bitcoin Cyclical and Secular Drivers
Research and Analysis
Overview:
Deutsche Bank just released a report covering Bitcoin’s cyclicality and handicapping the effect key price drivers. Their analysis categorizes these rallies into "longer" (structural price) uptrends and "shorter" (more cyclical) rallies, examining the macroeconomic, regulatory, and market-specific factors driving these movements, as well as exploring Bitcoin's evolving role in the broader financial ecosystem.