FBTC Fidelity Wise Origin Bitcoin Fund
Trend channel, buy level and 3-month target. Information only, not financial advice.
Inside the channel · 12-month channel falling
Price is between the lines.
- 2-year channel
- US$47.01 – US$73.89 · falling, −18% a year
- 12-month channel read from
- US$47.04 – US$74.80 · falling, −19% a year
- Price in channel
- 71% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$73.89
- Turns bearish below
- US$47.04
What broke this trend
- The fall
- -53% from US$109.506 Oct 2025 → 30 June 2026
- Whose problem it was
- Its sector2 of 3 Asset Management - Cryptocurrency peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 27%of what it lost
- What the record says
- 61% of 644 comparable falls came back, typically in 120 days measured across every stock we hold history for, its peer group being too small
Fell -53% (6 Oct 2025 → 30 June 2026); regained 27% so far; sector-wide.
Reported at the time: Bitcoin Hits $120,000 As JPMorgan Lifts Year-End Target To $165,000 — 2 Oct 2025
Price history, with the path projected 3 months forward
Updated 8:34 PM ET (39 h ago)
- Daily close
- Upper trend line (2 years)
- Lower trend line (2 years)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$66.66
last close · 30 Oct 2026
Our target
US$73.76
by 5 Dec 2026
Projected move
10.6%
gross, before costs
Last close is our buy.
Target: the projected upper line.
This move size: reached in 40% of 9 past stretches, typically in 32 days. (0.23% per day)
- Upper line touches
- 3
- Lower line touches
- 6
- Fit confidence
- 40%
- Fitted
- 1 Nov 2026
Company information
About Fidelity Wise Origin Bitcoin Fund
The index is constructed using bitcoin price feeds from eligible bitcoin spot markets and a volume-weighted median price (“VWMP”) methodology, calculated every 15 seconds based on VWMP spot market data over rolling sixty-minute increments. In seeking to achieve its investment objective, the trust will hold bitcoin and will value its shares daily as of 4:00 p.m. EST using the same methodology used to calculate the index. All of the trust’s bitcoin will be held by the custodian.
- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Country
- US
http://digital.fidelity.com/prgw/digital/research/quote/dashboard/summary?symbol=FBTC
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$14.68B
- Enterprise value
- —
- Beta
- 2.14
- Avg volume
- 3.72M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 50.48-96.82
- Exchange
- CBOE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.