Bitcoin's 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up.
Despite the recent Bitcoin correction to five-month lows, Bitcoin could extend its bull rally for another year.
Bitcoin’s (BTC) price could rally for another 350 days, based on the current trough-to-peak ratio, which analyzes the price tops and bottoms printed by an asset or security.
Based on Bitcoin’s ratios during the previous cycles, the bull run will extend into the third quarter of 2025, according to a report by Bybit and BlockScholes, shared with Cointelegraph.
