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Bitcoin (BTCUSD) Rebounds Near $60,000 Floor as Fidelity Predicts Shallow Crypto Winter

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The Story

News Summary

  • Fidelity's Jurrien Timmer asserts Bitcoin has found a strong cyclical bottom near $60,000, supported by a power law model and institutional adoption, signaling a shallow crypto winter unlike prior deep drawdowns.
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BTCUSD price history

75918.97 +15.49% over the displayed period

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