Is Bitcoin Already in a Bear Market? Fidelity Chief Raises Concerns
Bitcoin has largely ignored what ought to have been supportive macro alerts. US CPI cooled to 2.7% in December, strengthening rate-cut expectations, but Bitcoin failed to reply. Instead of attracting contemporary capital, the value stalled whereas cash rotated elsewhere. That disconnect is why the Bitcoin bear market dialogue is resurfacing. Fidelity’s Director of Global Macro,…
