When Will Bitcoin Bottom? Fidelity Macro Chief Says This Is The Metric To Watch
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Bitcoin is a secondary play in the hard-money narrative, like silver
60% confidenceThe military campaign could send Bitcoin higher, claiming the longer it continues, the higher the odds of the Federal Reserve cutting interest rates
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks, which have historically marked inflection points for the digital asset
60% confidenceThis year would be a down year for Bitcoin, citing its historical four-year cycle and gold's outperformance
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio, calling the digital asset a secondary play in the hard-money narrative, like silver
60% confidenceThe military campaign could send Bitcoin higher, with longer duration increasing odds of Federal Reserve cutting interest rates
60% confidenceThis year would be a down year for Bitcoin, citing its historical four-year cycle and gold's outperformance
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio
60% confidenceMilitary campaign could send Bitcoin higher, with longer continuation increasing odds of Federal Reserve rate cuts
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio, calling the digital asset a secondary play in the hard-money narrative, like silver
60% confidenceThe military campaign could send Bitcoin higher, claiming the longer it continues, the higher the odds of the Federal Reserve cutting interest rates
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks
60% confidenceThis year would be a down year for Bitcoin, citing its historical four-year cycle and gold's outperformance
60% confidenceBitcoin is a secondary play in the hard-money narrative, like silver
60% confidenceThe military campaign could send Bitcoin higher, claiming the longer it continues, the higher the odds of the Federal Reserve cutting interest rates
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks, which have historically marked inflection points for the digital asset
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceThe military campaign could send Bitcoin higher, claiming the longer it continues, the higher the odds of the Federal Reserve cutting interest rates
60% confidence2025 would be a down year for Bitcoin citing historical four-year cycle and gold's outperformance
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks, which have historically marked inflection points for the digital asset
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceThis year would be a down year for Bitcoin, citing its historical four-year cycle and gold's outperformance
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio, calling the digital asset a secondary play in the hard-money narrative, like silver
60% confidenceThis year would be a down year for Bitcoin, citing its historical four-year cycle and gold's outperformance
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks, which have historically marked inflection points for the digital asset
60% confidence
