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The bear market is here and Bitcoin is heading down to $65,000" That's what Fidelity's director of global macro Jurrien Timmer thinks. While Jurrien is bullish on $BTC in the long term, he believes that Bitcoin is once again following its historical 4-year cycle driven by its halvings. So BTC's ATH of $126K on October 6th was the cycle top in both “price and time." Based on the 4-year cycle, Fidelity is predicting that 2026 will be a down year with support for Bitcoin currently at the $65-75K price range. What's your take on this?
The Bank of Japan just hiked interest rates by 25bps to 0.75% This is now the highest level in nearly 30 years since 1995 Bitcoin has reacted positively so far, it's up 3% on the day Will have to see how it reacts when the US market opens
Bitcoin pumped by $2,000 at US market open (after a dovish CPI print) Then dumped $3,500 in the next 3 hours, with $166M worth of longs liquidated We just saw the biggest drop in US inflation in 9 months Yet we're still dumping hard Insane level of manipulation during US market trading hours.
Do to think I the price of Bitcoin is being manipulated.?