Fidelity Warns Bitcoin May Need Rebalancing Amid Gold’s Surge

TLDR Jurrien Timmer from Fidelity questions whether Bitcoin’s recent surge to $95K signals a return to an uptrend or a countertrend bounce. Timmer points out that Bitcoin’s momentum curve is an extreme outlier compared to historical trends, suggesting a potential market rebalancing. Fidelity highlights the significant drop in Bitcoin futures interest and cooling inflows into [...]

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