Fidelity Notes a Decrease in the Severity of Bitcoin’s Declines, 2026/04/01 11:30:24

74

Fidelity points to a decrease in the depth of Bitcoin's declines

In the current market cycle, Bitcoin’s decline has been approximately 50%, which is significantly less than in previous periods, according to analysts at Fidelity Digital Assets.

According to company representative Zack Wainwright, after reaching all-time highs, the price of the leading cryptocurrency could previously drop by 80–90%, whereas the current decline has been much less pronounced.

He emphasized that market dynamics change from cycle to cycle: rallies become less sharp, but declines are also more moderate. This “diminishing returns” effect reflects the gradual development and maturation of the market.

Fidelity Digital Assets also noted that the influence of macroeconomic factors is strengthening. Bitcoin’s price movement is increasingly linked to global financial conditions, including monetary policy and liquidity dynamics.

Additionally, there is a shift in demand structure: the share of long-term investors is increasing, while short-term speculative activity is declining. According to analysts, this makes price fluctuations smoother compared to previous cycles.

Previously, CryptoQuant analyst operating under the pseudonym Darkfost stated that Bitcoin may remain under pressure in the coming months, with a breakout above the $72,000 level being postponed indefinitely.