Key facts
- Richard Byworth believes Bitcoin's next bull run is imminent.
- Seller exhaustion is cited as the primary driver for an expected rally.
- Byworth warns against covered calls during market upswings.
- Basis trades are recommended for generating market-neutral yield.
Richard Byworth, an analyst, has stated that Bitcoin's next significant price increase is a matter of time, attributing this expectation to seller exhaustion in the market. He advises investors to be wary of covered call strategies during periods of market rallies. Instead, Byworth suggests that basis trades offer a more prudent approach for achieving market-neutral yield.