Binance Research sees BTC rebound potential before rate cuts as global tightening slows

Binance Research said in its November monthly market report that a slowdown in the pace of global monetary tightening could trigger a Bitcoin rebound even before central banks begin cutting rates. The report explained that changes in the global monetary policy diffusion index since 2021 have shown a negative correlation of -0.62 with BTC’s six-month returns. It said the pace at which tightening spreads matters more than how broadly it is being implemented, and added that once tightening momentum peaks and begins to slow, that could mark a meaningful turning point for BTC.