He said:
Later in the post, the Fidelity executive explained:
FAQ ⏰ Why does Fidelity see $65,000 as an attractive bitcoin level? Jurrien Timmer says $65,000 aligns with prior highs, psychology, and adoption-based valuation models. How did the Kevin Warsh Fed nomination affect bitcoin and gold? Markets priced in a more hawkish Fed, pressuring bitcoin while gold benefited from near-term flows. Is Fidelity calling for a new bitcoin bull run in 2026? No, the view frames 2026 as a consolidation phase after a prior cycle peak. Why is gold outperforming bitcoin right now, according to Timmer? He attributes gold’s strength to timing and policy-transition flows rather than long-term fundamentals.
