Bitcoin hit an intraday high of $82,108 before easing to around $81,050, posting a 4.5% gain over 24 hours and its strongest monthly gain since November 2024. Fidelity Digital Assets, through its Vice President of Research Chris Kuiper, cautioned that this rally alone does not confirm the end of the bear market. The firm noted that the low volatility preceding the sharp upward move matches a pattern historically seen before bull runs, but stressed that the four-year cycle theory invoked by some traders has never repeated on a precise schedule. Still, Fidelity highlighted resilient network fundamentals, including growth in stablecoins and tokenized real-world assets, as positive signals for the road ahead.
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