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Fidelity research analyst: Bitcoin may enter an accelerated phase, with a potential base price stabilizing at 110,000 USD.
According to Foresight News, reported by Bitcoin.com, Fidelity Digital Asset research analyst Zack Wainwright stated that Bitcoin is currently likely in an acceleration phase, showing high fluctuation and profit characteristics, similar to the price breakouts in 2013 and 2017. He pointed out that after the election, Bitcoin's price rose by 56%, and if it enters a second rebound, the base price may be around 110,000 USD, with expectations to reach a peak in the coming months.