Fidelity Investments' Yuriy Timmer suggests paying attention to the ratio of gold to Bitcoin to determine if Bitcoin has bottomed out. He pointed out that the 52-week Z-score of this ratio is currently at 91%, below the previous peak of over 100%. He considers Bitcoin a secondary hard currency asset and believes its price may need more time to consolidate between $60,000 and $70,000. Meanwhile, due to geopolitical tensions, Bitcoin recently broke through the $70,000 mark. Some analysts believe that such events could force the Federal Reserve to cut interest rates, thereby pushing Bitcoin prices higher.