Bitcoin Is Back Above $80,000, But Fidelity Says the Bear Market May Not Be Over Yet | Bitcoin Social

Bitcoin climbed back above $80,000 on Friday after a 4.3% jump, marking its strongest monthly gain since November 2024. The move also reversed much of the weakness seen in the third quarter, following a sharp rally in late August. The surge has boosted hopes for renewed crypto adoption and a broader market recovery, with investors looking for signs the downturn could be fading. However, Fidelity cautioned that the bear market may not be over yet, pointing to ongoing downside risk for investors despite the rebound. The update frames the move as a notable rebound, but not an all-clear signal.