Bitcoin Could Be Entering A Supercycle, Fidelity Warns

Fidelity Labs managing partner Parth Gargava says

Bitcoin Could Be Entering A Supercycle, Fidelity Warns

Bitcoin Could Be Entering A Supercycle, Fidelity Warns

Fidelity Labs managing partner Parth Gargava says bitcoin may be transitioning away from its familiar, halving-linked four-year rhythm and into something closer to a “supercycle”, a regime that could keep prices elevated for longer and make drawdowns less severe, if structural demand continues to build.

Bitcoin needs to overcome the 0.618 Fib, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.