Markets· ★★★· bullish·

Fidelity says Bitcoin bear market is over, double bottom confirmed

  • —Fidelity says Bitcoin's bear market has ended
  • —Break above $80,000 confirmed a double bottom
  • —Timmer expected to buy at $60,000, but the low hit $58,000
  • —Past Bitcoin bear markets lasted 9–12 months
Why it matters: A bullish call from a major asset manager could support Bitcoin demand after weeks of ETF outflows.
Source: Bloomingbit