We are excited to bring you some big news! Bitcoin Magazine Pro has just launched The Bitcoin Report, a brand-new monthly research digest designed to provide professional and institutional investors with key insights into the rapidly evolving Bitcoin market.
What to Expect in The Bitcoin Report?
Each edition will deliver in-depth analyses on everything from on-chain metrics, mining, regulatory updates, and macroeconomic forecasts to expert price modeling and Bitcoin stocks. We’ve created this digest to help you stay ahead of key trends in Bitcoin and make informed decisions with data-driven insights.
This is not your average research report. What makes The Bitcoin Report unique is the caliber of contributors. The debut edition features insights from leading industry experts, including:
- Richard Byworth
- Pascal Hügli
- Lucas Betschart
- Lukas Pfeiffer
- Dr. Demelza Hays
- Dr. Michael Tabone
- Dylan LeClair
- Philip Swift
- Thomas Zeltner
These professionals span the fields of economics, investment management, digital assets, and market intelligence, offering a wide range of perspectives that make this report a must-read.
Executive Summary Preview
August 2024 offers a cautiously optimistic yet nuanced outlook for Bitcoin. Despite an 8.84% decline in price performance for the month, Bitcoin has still surged 44.15% year-to-date, highlighting its resilience in the face of market volatility.
On-chain analysis remains neutral, as short-term holders experienced a brief capitulation early in the month but have largely stabilized their positions. Bitcoin mining continues to stand out as a growth sector, with pure-play mining companies experiencing robust market cap increases, indicating strong investor confidence in traditional mining strategies.
Bitcoin stocks are also showing potential for upward movement, though the upcoming U.S. elections could introduce some market volatility. In the derivatives market, speculative positions have largely been flushed out, resetting the landscape and increasing the probability of a near-term upward trend. On the regulatory front, the environment looks promising with positive developments such as the Bitcoin Act and favorable E.U. regulations, both of which are expected to reduce available Bitcoin supply on exchanges.
Get Your Free Copy of the August Edition
To dive into the details, check out the full August edition of The Bitcoin Report by visiting the link below:
Help Spread the Word
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Thank you for being a part of the Bitcoin Magazine Pro community. We look forward to bringing you more valuable insights with each new edition of The Bitcoin Report.
Stay informed,
The Bitcoin Magazine Pro Team