Bitcoin Beats Nasdaq by 116% Over Three Years

Bitcoin has significantly outperformed the Nasdaq over the past three years, delivering a 225% return on investment. According to data from Grayscale, this performance beats the Nasdaq by 116 percentage points, highlighting Bitcoin's strong long-term growth potential.

However, the analysis also reveals that removing the five strongest trading days reduces Bitcoin's performance to just 95%. This illustrates how critical it is for investors to maintain consistency and avoid missing key trading opportunities, as these high-performing days can drastically influence overall returns.

As of the latest data, Bitcoin is trading at $85,611.52, maintaining a bullish structure above the 50-day exponential moving average (EMA50) support level at $84,812.36. The Relative Strength Index (RSI) stands at a neutral 54.21, suggesting balanced market conditions. However, the Moving Average Convergence Divergence (MACD) death cross at 314.34 signals near-term caution, while the price tests resistance at the upper Bollinger band of $86,538.09.