Fidelity's global macro strategist Jurrien Timmer just dropped an interesting take: Bitcoin's actually lagging behind this year compared to other assets. Kind of surprising given all the hype, but the numbers don't lie. Makes you wonder what's dragging it down while everything else seems to be pumping.
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NestedFox
· 12h ago
Hmm... wait, is this true? Is BT underperforming other assets?
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consensus_whisperer
· 12-13 16:19
Wow, Bitcoin is still getting hammered this year? This is different from the market situation I’ve been seeing.
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GamefiGreenie
· 12-13 07:53
Haha, Fidelity's guy is right. This year, BTC has indeed been underperforming.
That being said, other assets are skyrocketing, so why is our Bitcoin still falling behind?
It feels like the entire market has cooled off. Let's see if we can rebound a bit.
If this continues, it’s going to be really frustrating. We need to find out what's causing it.
It sounds like Timmer's analysis is pretty on point. Let's see how things develop next.
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MidnightTrader
· 12-12 00:09
Wow, Fidelity, this guy's words are a bit heart-wrenching. Clearly hyped up but still can't outperform other assets?
Why is Bitcoin so weak this year? Weren't they saying it was going to take off...
I'm just puzzled. Who's secretly manipulating the market behind the scenes?
Forget it, I'll just keep hodling anyway. I really don't understand this game.
These numbers clearly show that Bitcoin is truly in a dormant period.
So, is it policy or capital that’s avoiding the market?
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DegenDreamer
· 12-12 00:08
Huh? Fidelity's guy is right, BTC does seem a bit disappointing.
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After trading for so long, why is it still lagging behind? It's really unbelievable.
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Wait, is this data real? Something feels off.
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So all the buzz in the crypto world is just hype?
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This time, we can't blame Musk, haha.
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No wonder it hasn't been so hot lately, so that's why.
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Are there still people who dare to say Bitcoin is a safe haven asset?
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Looks like I need to change my approach; just betting on BTC alone isn't very smart.
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ImpermanentPhilosopher
· 12-12 00:06
Damn, how long does it take for that guy at Fidelity to understand?
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PositionPhobia
· 12-12 00:05
Those who are trapped all say so, but I still have a long-term outlook on Bitcoin.
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NFTPessimist
· 12-11 23:53
Damn, more comments about cutting the leeks? This is the first time I've heard that Bitcoin can't outperform other assets this year.
Fidelity's global macro strategist Jurrien Timmer just dropped an interesting take: Bitcoin's actually lagging behind this year compared to other assets. Kind of surprising given all the hype, but the numbers don't lie. Makes you wonder what's dragging it down while everything else seems to be pumping.