Fidelity Exec Sees Bitcoin Following Internet's S-Curve Growth, Questions Bear Market End

Fidelity's Global Macro Director Jurrien Timmer suggests Bitcoin's price movement aligns more with the internet's S-curve adoption pattern rather than a power-law model. He highlights a potential consolidation phase within a year, making the $65,000 power-law trendline a critical support level. While some Bitcoin advocates believe the four-year cycle has ended and a fresh bull phase is starting, Timmer urges caution since this is uncertain.