BTC Reclaims $80K, But Fidelity Stays Cautious

 Join our trading community for real-time crypto insights, market analysis, and automated trading tools. Stay updated with the latest strategies and signals to improve your trading decisions. Learn more: https://t.me/futuressignalsrobot

Fidelity believes that while Bitcoin's strong August rally and other factors offer reasons for optimism, none confirm that the bear market has ended.

Bitcoin, once again, climbed above $80,000 after surging by 4.3% on Friday. The recent strength comes as a welcome change, as the crypto market spent much of the third quarter under pressure before a sharp rally in late August changed the tone. BTC, for one, recorded its strongest monthly gain since November 2024, which led some investors to believe the bear market may have ended.

But according to Fidelity, there is no guarantee that’s the case yet.

Possible November Bottom?
One factor in focus is Bitcoin’s historical four-year market cycle. The crypto asset has generally formed major bear-market bottoms and bull-market tops about four years apart. Since the previous bear market bottom came in November 2022, this pattern could point to another potential low around November 2026 if the cycle continues.

While Fidelity stressed that the four-year cycle is not guaranteed to repeat and that Bitcoin’s bottom may already have occurred in July, it still speculated that the cryptocurrency could fall again and set another low in November or later.

There are several catalysts that could also influence whether the crypto bear market ends. The financial giant pointed to more crypto-friendly regulation, changes in government monetary policy, the emergence of an unexpectedly popular crypto use case, and increasing institutional adoption. Price volatility is another factor the firm is watching.

Our team of experts diligently examines the markets every day to pinpoint the best trading prospects.

If you require assistance, our support team is here to guide you throughout your trading journey, striving to enhance your overall experience.

Receive daily signals for Futures trading based on market trends, boasting an average accuracy rate of over 90%.

With a 5-star rating, our service comes highly recommended by traders worldwide.

Comments

Post a Comment

Popular posts from this blog

Zcash Leads Market Gains, Bitcoin Climbs Above $103K

Image
Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal Bitcoin’s gradual price recovery after the Monday and Tuesday calamity helped the asset jump past $104,000 earlier today, where it faced immediate selling pressure. XRP is among the top performers from the larger-cap alts, but its 3.6% surge has been dwarfed by ZEC and ICP. BTC Tapped $104K The primary cryptocurrency had a volatile last week when it was stopped at $116,000 and pushed south to around $111,000 before the US Fed cut the interest rates on Wednesday. Surprisingly to some, it dropped after that to under $107,000 but quickly bounced off and returned to $111,000 during the weekend. 22% Profit made on #ZEC/USDT Our team consists of top-notch professionals with a deep understanding of market behavior and trends. We have a skilled team of full-time crypto traders who excel in market analysis and trading. Follow the link provi...
Read more

Bitcoin Bulls Eye These 3 Charts After Weekly All-Time High

Image
Explore the provided link to ensure a consistent profit in Binance futures trading: https://telegram.me/binancefuturesignal A record weekly close above $123,000 for Bitcoin confirms a new phase of price discovery as onchain and futures metrics point to bulls running the show. Bitcoin’s price discovery reached its strongest weekly close at $123,400. Onchain metrics and futures data show sustained bullish control above $122,000. Short-term outlooks are split between a momentum grind higher or a mean reversion dip. Bitcoin achieved its strongest weekly close ever at $123,500 on Sunday, confirming its entry into a new phase of price discovery. As it consolidated near its all-time high (ATH) at $125,800, three key onchain and derivative metrics highlighted the health and sustainability of the bullish trend. #PHB/USDT has covered  all targets to give a huge profit of 68% The infrastructure of the Binance Futures platform mirrors that of their spot trading exchange, Binance. Integrating o...
Read more

ZEC Hits 7-Year Peak, BTC Wobbles Near $110K

Image
Visit Our Most Successful Binance Futures channel for FREE crypto trading strategy –  https://telegram.me/binancefuturesignal Bitcoin’s price instability continued in the past 24 hours as the asset failed at over $111,500 and slipped back down to familiar territory of around $110,000. Most altcoins are with minor gains within the same timeframe, aside from TAO and ZEC, which have exploded by double digits, and Figure Heloc, which has skyrocketed by more than 300%. BTC Unstable at $110K The macro perspective received several positive news in the past ten days or so, starting from the lower-than-expected inflation numbers for September announced last Friday. Then, the US Federal Reserve cut the interest rates on Wednesday, as expected, while China and the US reached some preliminary consensus on trade frictions. Huge profits made from this call We are the Number# 1 Binance Futures Signals Pro Group due to the fact that our signals have high success ratio. You will receive everything ...
Read more