Came across a new Fidelity Digital Assets report in the middle of the night
And now I’m up this late again 😂
It says BTC has outperformed gold by 58% since Feb 28
And gained 43% in Q3
NUPL climbed from 0.09 to 0.36
They wrote that we may have already seen the cyclical bottom
There could still be room to run
Meanwhile, I’m still grinding around $80K
The report also ended by saying sustainability remains to be confirmed
Pretty measured
Institutions are bringing out the safe-haven narrative again
I’ll make a note of it and keep watching
$BTC
And now I’m up this late again 😂
It says BTC has outperformed gold by 58% since Feb 28
And gained 43% in Q3
NUPL climbed from 0.09 to 0.36
They wrote that we may have already seen the cyclical bottom
There could still be room to run
Meanwhile, I’m still grinding around $80K
The report also ended by saying sustainability remains to be confirmed
Pretty measured
Institutions are bringing out the safe-haven narrative again
I’ll make a note of it and keep watching
$BTC
