Fidelity Global Macro Director Jurrien Timmer made critical statements about the fair price of Bitcoin.
Jurrien Timmer, senior official of Fidelity, which received approval from the US Securities and Exchange Commission (SEC) for the spot Bitcoin ETF, shared on Twitter today: in the postHe said that Bitcoin has returned to the reasonable price range with the recent declines.
Comparing current prices to the internet adoption curve in the early 2000s, Timmer said: 39 thousand dollars He noted that the level is a reasonable level for now.
Internet adoption curve presented by experienced name 2024 year before for Bitcoin at its highest fair value point. 75 thousand dollars and then 90 thousand dollars It has a band. The indicator in question 2025 At the highest fair value point for the year 101 thousand dollars It is located.
According to CoinGecko data, in the last 24 hours 0.7% Bitcoin, which is on the rise, at the time of writing 40,054 It is traded in dollars.
