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      Fidelity Investments Director Suggests New Bull Market Cycle for Bitcoin

      Jurrien Timmer, the Global Macro Director at Fidelity Investments, has indicated that Bitcoin may have entered a new bull market cycle after a period of consolidation around the support level of approximately $60,000. This consolidation phase has lasted nearly a year, which Timmer compares to a typical Bitcoin winter, suggesting that the cryptocurrency is now poised for upward movement.

      Timmer highlighted a significant shift in the Z-score of Bitcoin relative to gold, which has moved from -100% to a positive value. This change is historically seen as a confirmation of a market bottom, reinforcing his view that a new four-year cycle for Bitcoin could be underway. He also noted that the current economic environment features higher capital costs, which may prompt government responses involving financial repression.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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