Fidelity Thinks Bitcoin May Be Leaving Its 80% Crashes Behind
2 hours ago
Fidelity Digital Assets argues Bitcoin’s market st
Fidelity Thinks Bitcoin May Be Leaving Its 80% Crashes Behind
Fidelity Digital Assets argues Bitcoin’s market structure has shifted enough that the familiar four-year boom-bust pattern and the brutal 80% drawdowns that often followed, may no longer be the default outcome.Bitcoin: All-Time Highs in Price and All-Time Lows in Volatility | Source: Fidelity Digital AssetsBitcoin’s Entity-Adjusted Market Value to Realized Value | Source: Fidelity Digital AssetsBitcoin must close above the 200-week EMA, 1-week chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
