Richard Byworth says Bitcoin's next rally is inevitable due to seller exhaustion

Richard Byworth, former Syz Capital structuring head, argues that Bitcoin's next price rally is "just a matter of time" driven by seller exhaustion. He explains that covered-call strategies can cost holders significant Bitcoin during rallies, while basis trades collateralized by Bitcoin offer low-volatility, market-neutral dollar returns. Byworth also highlights record seller exhaustion as a key signal that the market bottom may be in.