Bitcoin Hits a Line Fidelity Has Watched Since 2015 [KL54YVhXtg2]
Bitcoin is sitting on a line that Fidelity has tracked since 2015 — and if history repeats, the next move could be violent. This is not just another support level. It is a power-law trend line that has historically defined Bitcoin's major cycle bottoms. Right now, Bitcoin is trading at about $63,972, barely down 0.3% in the last day. On the surface, that looks calm. Under the surface, it is testing a model that suggests Bitcoin's price should grow predictably over time on a logarithmic scale. Fidelity's long-term power-law support line implies that Bitcoin is approaching a zone where previous bear-market lows formed. #Bitcoin #Crypto #BTC #CryptoNews #TheSignal #CryptoAlpha