Binance, the world’s largest crypto exchange, recently published a report through its research department that claims that the cryptocurrency market has more than likely already bottomed. In the report titled “Investigating Cryptoasset Cycles,” Binance used a cross-sectional method to find correlations throughout the crypto market, as part of an effort to find patterns in crypto market cycles. Binance discovered a number of cyclical patterns, showing that a strong correlation between altcoins and Bitcoin (BTC) over an extended period of time historically results in a price trend reversal. Notably, the composite ... (full story)