Bitcoin Price Outlook 100000 By 2023 Fidelity Director

Fidelity Investments director of world macro Jurrien Timmer appeared on CNBC immediately to debate his bitcoin value prediction fashions, market outlook, and opinion on the present rally. Timmer shared a bearish prediction for BTC, bullish inclinations in the direction of the greenback because the world’s reserve forex, and a profound misunderstanding of the connection between Bitcoin and gold.

Timmer stated the over 30 % rally that Bitcoin has skilled this month had not been fueled by momentum merchants, indicating that it’s being pushed by natural spot demand as a substitute and will be prolonged additional. The director sees bitcoin reaching $100,000 by 2023.

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