Fidelity manager Bitcoin announced what they expect from now on! “For now, eyes are at this level!”

Bitcoin Described yesterday and the expectation came CPI After the data exceeding $ 84 thousand dollars, the expectations of decline in BTC still continue.

In general, analysts, tariff tension and FEDBitcoin may fall further due to factors such as uncertainty about interest rate cuts.

At this point, it is estimated that BTC has a risk of falling to 70 thousand dollars, while the US asset management company He said that 70 thousand dollars for Bitcoin is a significant level of support for Fidelity de Bitcoin.

Fidelity Global Macro President Jurrien Timmer, Bitcoin price movement, making evaluations, the main level to be followed is 70,000 dollars, he said.

Timmer said that the last correction could be the preparatory step for Bitcoin’s next upward trend and stressed that it would be early to say that the rise would begin.

Timmer, for now, everyone should pay attention to a significant support level of $ 70,000 for Bitcoin.

Apart from Timmer, other senior analysts also pointed out that 70 thousand dollars is a critical level for Bitcoin, and estimated that the price could make a bottom at this level.

Despite the announcement of a Strategic Bitcoin Reserve, the crypto tourists have been selling, as evidenced by outflows from ETPs and a decline in open interest. “Buy the rumor, sell the news” is a cliché that’s grounded in truth (as they all are). Perhaps this correction will… pic.twitter.com/PKyVniR9UT

– Jurrien Timmer (@timmerfidelity) March 12, 2025

*It is not an investment advice.