Fidelity's Jurrien Timmer called Bitcoin's (CRYPTO: BTC) $60,000 low the cycle bottom, predicting a new bull market will begin after “a few months of backing and filling” as BTC trades around $67,589. The Bottom Call Timmer, Fidelity's director of global macro, said Bitcoin's drop to $60,000 last week fulfilled the support zone he predicted months ago when he wrote the four-year cycle bull market had ended.
Fidelity Director Calls Bitcoin Bottom: 'My Guess Is $60,000 Is The Low'
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Fidelity director Jurrien Timmer calls $60,000 the cycle low for Bitcoin and says a new bull market will begin after "a few months of backing and filling," as BTC trades around $67,589; Timmer said BTC's drop to $60,000 last week fulfilled the support zone he predicted months ago when he wrote the four-year cycle bull market had ended.
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