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After Predicting Bitcoin Collapse to $23,000, Macro Strategist at Fidelity Abruptly Changes Crypto Outlook

dailyhodl.com
 2021-06-17

Cover picture for the articleGlobal macro strategist at Fidelity Investments, Jurrien Timmer, is updating his outlook on Bitcoin’s trajectory after previously calling for a $23,000 bottom. Timmer first made the $23,000 call on June 1st. His prediction was based on the Elliot Waves Theory, a technical analysis method that forecasts price fluctuations by mapping out repeating patterns of waves.

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