Fidelity's head of global macro, Jurrien Timmer, highlights $70,000 as a key level to watch for Bitcoin (BTC).
Bitcoin may use $70K as a support level for its next rally, according to Jurrien Timmer. Despite current volatility, long-term growth is expected.
In a thought-provoking note, Jurrien Timmer from Fidelity Investments explores the impacts of fiscal changes on markets, focusing on Bitcoin and gold. He examines the correlation between money supply and asset performance, warning against premature Federal Reserve actions amid shifting economic landscapes.
Bitcoin's 2024 surge above $100,000 shakes up the crypto market, sparking investor interest and future speculation.
Fidelity Investments' Jurrien Timmer argues Bitcoin will never reach the million-dollar mark, citing realistic valuation limits.
Jurrien Timmer from Fidelity Investments views Bitcoin as exponential gold and a promising store of value, sharing his insights on social media platform 'X'.
Fidelity's Global Macro Director, Jurrien Timmer, explains the delayed Bitcoin ATH and predicts future growth. He highlights Bitcoin's network growth following an S curve seen in many tech advancements.
Analysts at Bernstein revised their 2025 Bitcoin price target to $200,000. Despite this, a Fidelity executive cautions that slow network growth might impede short-term price rallies.
Jurrien Timmer from Fidelity Investments stated that BTC adoption must increase for Bitcoin to reach a new ATH.
Increased adoption and network growth are crucial for Bitcoin to reach new all-time highs, according to Fidelity's Jurrien Timmer.
Fidelity's Jurrien Timmer said Bitcoin is an aspiring player on the store of value team.
Fidelity's macro analyst highlights Bitcoin and gold as potential inflation hedges amid concerns about money supply increase. Jurrien Timmer's comments underline the current trends in monetary policies impacting these assets.
Fidelity’s Director of Global Macro, Jurrien Timmer, discussed Bitcoin and gold as stores of value amid changing economic conditions and the expanding money supply’s impact on purchasing power.
Fidelity’s Jurrien Timmer discusses the reliability of Bitcoin versus gold as a store of value, emphasizing their effectiveness in different economic conditions regarding inflation hedging.
Bitcoin is entering the latter part of its S-curve adoption, leading to reduced volatility, according to Fidelity’s Director of Global Macro, Jurrien Timmer. He explains how Bitcoin may compare to gold.
