Bitcoin may be forming a base at $65,000 as 'paper hands' have been flushed out
By Will Canny
Jurrien Timmer, director of global macro at Fidelity Investments, indicates that Bitcoin may be forming a base at $65,000 as weak holders ('paper hands') have been flushed out. He attributes markets' resilience to strong earnings, which are helping absorb geopolitical shocks despite persistent risks.
Not financial advice. Do your own research before making investment decisions.