📰 News Alert...

🔖 Title: Bitcoin Price Gearing Up for Next Leg of 'Acceleration Phase' — Fidelity Research

🗓️ Published: 2025-04-01T08:30:52+03:00

📄 Summary: A recent report by Fidelity Digital Assets raises questions about the current state of Bitcoin (BTC) and its potential for entering another "acceleration phase." Analyst Zack Wainwright suggests that while Bitcoin is currently experiencing volatility, historical patterns indicate that this phase could still extend. Despite a recent 11.44% loss year-to-date, institutional interest remains robust, with notable acquisitions from companies like Strategy and MARA Holdings. Wainwright's insights suggest that if Bitcoin approaches a new all-time high, it may surge past $110,000, fueled by ongoing accumulation from large entities.

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