Bitcoin Nears Power Law Support Line Fidelity Has Tracked Since 2015
Bitcoin is approaching one of the most closely watched long-term technical levels in institutional crypto analysis, according to Fidelity Investments’ Director of Global Macro, Jurrien Timmer. After months of persistent selling pressure, the world’s largest cryptocurrency is trading near the lower boundary of Fidelity’s long-running Bitcoin Power Law model—a support zone that has coincided with…
