When Will Bitcoin Bottom? Fidelity Macro Chief Says This Is The Metric To Watch
View original at finance.yahoo.comWhen Will Bitcoin Bottom? Fidelity Macro Chief Says This Is The Metric To Watch Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below…
What we drew from this source
The claims Via News extracted from this document. We point to the source; we don't replace it.
Gold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks, which have historically marked inflection points for the digital asset
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio, calling the digital asset a secondary play in the hard-money narrative, like silver
60% confidenceThis year would be a down year for Bitcoin, citing its historical four-year cycle and gold's outperformance
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio, calling the digital asset a secondary play in the hard-money narrative, like silver
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio
60% confidenceThis year would be a down year for Bitcoin, citing its historical four-year cycle and gold's outperformance
60% confidenceMilitary campaign could send Bitcoin higher, with longer continuation increasing odds of Federal Reserve rate cuts
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks, which have historically marked inflection points for the digital asset
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceBitcoin is a secondary play in the hard-money narrative, like silver
60% confidenceThe military campaign could send Bitcoin higher, claiming the longer it continues, the higher the odds of the Federal Reserve cutting interest rates
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks, which have historically marked inflection points for the digital asset
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceThis year would be a down year for Bitcoin, citing its historical four-year cycle and gold's outperformance
60% confidenceThe military campaign could send Bitcoin higher, claiming the longer it continues, the higher the odds of the Federal Reserve cutting interest rates
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks, which have historically marked inflection points for the digital asset
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceThe military campaign could send Bitcoin higher, with longer duration increasing odds of Federal Reserve cutting interest rates
60% confidenceBitcoin is a secondary play in the hard-money narrative, like silver
60% confidenceThe military campaign could send Bitcoin higher, claiming the longer it continues, the higher the odds of the Federal Reserve cutting interest rates
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio, calling the digital asset a secondary play in the hard-money narrative, like silver
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio, calling the digital asset a secondary play in the hard-money narrative, like silver
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks
60% confidenceBitcoin will need to spend more time backing and potentially filling at the $60-$70k level, and perhaps even slightly undercut it, to satisfy both the time and price elements of a mild Bitcoin winter
60% confidenceBitcoin should be evaluated by the gold-to-Bitcoin ratio
60% confidenceGold is currently expensive relative to Bitcoin but not yet at levels seen during previous peaks
60% confidenceThis year would be a down year for Bitcoin, citing its historical four-year cycle and gold's outperformance
60% confidenceThe military campaign could send Bitcoin higher, claiming the longer it continues, the higher the odds of the Federal Reserve cutting interest rates
60% confidence