Bitcoin has outperformed major traditional assets over the past decade, according to Morgan Stanley’s E*TRADE report. According to the report, Bitcoin posted an average annual return of 85.5% over 10 years, significantly outperforming the Nasdaq 100 index’s 19.4%, the S&P 500 index’s 13.3%, and gold’s 13.2%.
sauce: Morgan Stanley E*TRADE Report
The data, highlighted by CoinDCX co-founder Sumit Gupta, showed how Bitcoin’s early growth was sharply differentiated from traditional markets. Gupta added that while the next 10 years may not reflect the past 10, this change reflects Bitcoin’s transition to a more mature stage.
Bitcoin’s 85.5% annual return highlights 10 years of high-risk growth
The E*TRADE report shows that Bitcoin’s long-term performance has been exceptional, but also warns that past returns are unlikely to be repeated at the same pace. As a result, the company acknowledged that cryptocurrencies are not suitable for all investors due to high volatility and prediction challenges.
Morgan Stanley noted in a report that the annual volatility of cryptocurrencies is approximately 55%. This level is roughly four times higher than the S&P 500 index, indicating that Bitcoin’s rise has been accompanied by much larger price movements.
This comparison provides useful context for investors. While US stocks and gold rose steadily over the same decade, Bitcoin rose from a smaller starting base. Its performance was supported by early adoption, limited supply, retail demand, and growing institutional investor interest.
Expanding mainstream access through financial platforms
Future growth is likely to rely more on large-scale financial channels than initial retail demand, Mr. Gupta said. He cited pensions, asset platforms, government reserves and institutional allocations as things that could encourage broader market participation.
That shift is already visible in Morgan Stanley’s crypto activities. In April, Morgan Stanley Investment Management launched the Morgan Stanley Bitcoin Trust. The company explained that this is the first virtual currency exchange product offered by a US bank-affiliated asset management company.
Morgan Stanley is also moving closer to direct crypto access through E*TRADE. The company originally planned to offer cryptocurrency trading through its Zerohash partnership, giving customers access to Bitcoin, Ether, and Solana.
These trends demonstrate how digital assets are entering mainstream investment channels. However, the report stressed that past high returns do not eliminate the risk of sharp drawdowns.
$BTC Stalls near $80,000 resistance as momentum suggests near-term balance
on the other hand, $BTC The token has also shown stronger short-term price movements, rising in five of the past six weeks. The rally began after the asset reached the $65,000 to $59,000 support zone. This move triggered a 27% rally towards the $80,000-$85,000 zone, which has now turned from support to resistance.
This area also coincides with the 38.20% Fibonacci level. At press time, $BTC The stock traded at $80,043, down 3.26% from this week’s high and down 1% on the day. Volume decreased by 1.61% to $37.16 billion, suggesting profit-taking near the resistance level.
sauce: TradingView
Momentum indicators, on the other hand, indicate short-term balance. The RSI was 49.03, indicating neither overbought nor oversold conditions. The numbers suggested that bulls and bears were nearly evenly matched, although the recovery from oversold levels showed buying momentum had improved.
A move above the neutral 50 RSI level would be required to confirm stronger upward momentum. If the current resistance is broken, the next major resistance zone is around $94,000 to $98,000.
Related: Bitcoin price prediction: Tom Lee says the bear market will end permanently at the monthly closing price
