Bitcoin surges 40% this quarter as Fidelity confirms double-bottom breakout

Bitcoin outperformed gold and U.S. stocks in the third quarter with a gain exceeding 40%. Fidelity Investments Global Macro Director Jurrien Timmer stated that Bitcoin's move past $80,000 confirms a double-bottom technical structure, with a price target of $100,000. Options market data from Deribit shows significant open interest in call options between $90,000 and $100,000. Bitcoin is also on track for a rare three-month winning streak from July to September, potentially breaking a long-standing seasonal trend.