Bitcoin Dominates Traditional Assets Over Four-Year Period
Bitcoin continues to outperform traditional assets over the past four years, with GOLD and SILVER experiencing losses of 10.4% and 2.5% respectively, while the SPY index lags behind at a loss of 15.3% when measured against BTC.
This trend has led price prediction models to factor in sustained outperformance by Bitcoin, while avoiding any potential crypto market crash narrative.
The recent price of $79,514.53 for BTC is currently within its Bollinger band, with an upper resistance at $82,496.31 and support provided by the bullish EMA50 at $78,549.71 and EMA200 at $72,950.1.