Fidelity Challenges Bitcoin Cycle Peak: New Acceleration Phase Predicted

Fidelity Digital Assets has released a report questioning the prevailing view that Bitcoin has reached its cycle peak. Analyst Zack Wainwright suggests Bitcoin could be entering a new acceleration phase, potentially impacting market forecasts. The firm challenges established beliefs by analyzing historical data and trends, predicting a potential surge in price. This analysis contrasts with market predictions implying an uptrend starting at $110,000, mirroring past cycles of strong price increases.