Jurrien Timmer, a macro strategist at financial giant Fidelity, says that Bitcoin (BTC) may have found a new level of support that’s 33% higher than previously believed. In a thread to his 80,000 Twitter followers, Timmer says that a little-known metric called “dormancy flow” might be the key to pegging Bitcoin’s bottom at $40,000. “A […]

The post Fidelity Macro Strategist Says Bitcoin Has Drawn a Major Line in the Sand at $40,000 – Here’s What It Means appeared first on The Daily Hodl.

...
Continue reading Fidelity Macro Strategist Says Bitcoin Has Drawn a Major Line in the Sand at $40,000 – Here’s What It Means

The post Fidelity Macro Strategist Says Bitcoin Has Drawn a Major Line in the Sand at $40,000 – Here’s What It Means appeared first on The Daily Hodl.
Flow (COIN:FLOWUSD)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Flow Charts.
Flow (COIN:FLOWUSD)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Flow Charts.