Fidelity Global Macro Director: Bitcoin price has returned to what he believes is a fair value range
Jurrien Timmer, the Global Macro Director of Fidelity, stated in an X article that the price of Bitcoin has returned to what he considers a fair value range. The slope of the curve is based on the curve adopted by the internet decades ago, while the width is based on the actual fee range of -2% (top) and +2.5% (bottom).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP options data suggests bullish sentiment says Nansen analyst, as market cap nears $200 billion
XRP derivatives activity is surging, with a rising interest in call options implying a bullish sentiment.XRP futures open interest has surged since Monday to hit an all-time high, signaling heightened market anticipation, according to Coinglass data.
Cardano and the XRP Price Close to their Peaks? Smart Traders Pivot to RCOF to Get a 19,090% Upside
NCUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More
