Crypto Scenario Insights
What happened
Bitcoin has diverged from rallying US equities, dropping to $66,000 despite a macro tailwind of falling oil prices and rising stock indices.
What we think
The most likely outcome over the next 30 days is range-bound consolidation (55% probability) between $64,000 and $68,000, driven by declining summer trading volume and a lack of institutional spot demand.
Read the analysis
Does Bitcoin's Divergence from Equities Signal a Structural Shift or a Temporary Liquidity Trap?
We explain what happened and what could follow. We do not forecast prices.