Crypto Trading

Here's why Fidelity's Timmer thinks bitcoin could bottom at $30,000

Here's why Fidelity's Timmer thinks bitcoin could bottom at ,000

Here's why Fidelity's Timmer thinks bitcoin could bottom at ,000

Jurrien Timmer of Fidelity Investments joins “TechCheck” to give his outlook on bitcoin and its relation to meme stocks. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more: https://cnb.cx/2BT2E7y

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15 Comments

  1. At the time of this video BTC was at $38K, Jurrien Timmer predicts it would probably head down to $30K, maybe $23K on the fifth wave to come, or might head up to $41K. He's been a technician his whole career and looks at wave patterns and this appears to be a in-completed 5 wave pattern (Inside baseball terms)…………BTC is currently hovering $48-50K. Just dollar cost average in and HODL folks, you'll be fine.

  2. Investing in crypto currency now should be in every wise individuals list, in 2 to 3 years time, you will be estactic with the decision you made today

  3. The rich invest their money first into assets instead of purchasing liabilities. Take a wise decision today to buy and invest in cryptocurrency.

  4. A quick look at Ethe:reum’s 12-hour chart would immediately flash a bullish build-up for some market observers. The price has formed lower highs and has consistently knocked on the door of its overhead resistance at $2,910. However, digging a little deeper presented a slightly different picture. According to Squeeze Momentum Indicator, bullish momentum has slowly been evaporating over the past few days. Moreover, B'T'C has been struggling off-late to break above $40-42K. If this trend were to continue, bulls would be on the defensive and E'T'H could retrace all the way towards $1700-2000 in an extended sell-off. If E'T'H is able to hold its current channel moving forward, the narrative would switch back to bullish. RSI did move north over the past few days but remained around 50. This is the perfect timing to stock up your crypt0 asset, and there are two approaches to increasing your a:sset as an investor first is by buying little bits of crypt0 subsequently and the second which is a preferred and better option is tradlng because it is less capital intensive and more profitable. I tr@de daily with tra:de s!gnals from Bryant miller and my earnings has increased so much . I can boast of the effectiveness of Mr. Bryant's tr@de s!gnals and he also have some free courses on google for any tr@der trying to set up for proper profitability and he can be reached on 𝔀ℌ𝒶𝓉𝔰🅰️🅿️🅿️☞ +1(253)231-7125* or 🄶🄼🄰🄸🄻 (bryantmillertrade@gmailcom) for further tradlng advice on being profitable..

  5. MISS ELIZABETH INVESTMENT PLATFORM has really made name for her self. I invested $10,000 and earned $34,000 in an interval of one week.

  6. I will advice you to try miss Elizabeth investment and crypto currency exchange trade. Her platform is very legit, he ensures that your investment and profits are well monitored.

  7. ₿ TC price is prone to volatile swings, making it historically popular for traders to speculate on . According to bitcoin halving cycles, there should be at least other 4 months in this bull run, so, if the PI indicator (and Bitcoin) might repeat a similar bull run to 2013. That would mean a local top relatively close in time and then another top to end the bull run towards mid year. lnvestors and traders find it difficult to decide how best to utilise the current market, hodling is profitable but tradlng is far more profitable. I was able to grasp the knowledge of tradlng crypt0 assets early enough, I didn’t think it was possible to make constant win from tradlng till I came across Paul Charlton ’s program for lnvestors/newbies who lack understanding on how tradlng B TC works, to help them stack up more Bit¢σ!и, since late last year till date I have made over 19₿TC from 2.6₿TC with Paul’s help. You can easily get to him ͲҽӀҽցɾąʍ @Paulcharlton or mail Paulcharlton07@ gmail com

  8. Critics will point out that βͲc is way too volatile to be a store of value. That’s a short-term view of the concept, however. Over the next week, month, perhaps even year, βͲc pr!ce may fall relative to fiat currcncies. Lonnger term, however, in an environment of money supply increasing much faster than demand, a fixed-supply bearrer asset such as βͲc is likely to apprieciate in value relative to assets without a supply, I wept deeply and prayed after the last time i had much L0SS, my Uncle introduced me to an Expt. Daniel who I started tradln with since late last year,I've covered up and made over 21 B T С with 5 B T C even with the ups and downs since the journey. With Daniel's counsel I no longer have to worry about the rise and dip ofBitcoin. For prof!table tradlng guidiance, You can easily get to him :TєIєɠram @danielwrightfx''

  9. *People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto as it's retracing….BE WISEI got 80% of my total portfolio in Crypto and it has been great Returns

  10. Wow, this awesome video, However, it's best advised we should work smart, look out for multiple streams of income and get more involved with online trading..

  11. Bitcoin is China’s way of making the US currency to devalue so they can buy the entire California and New York. Congratulations Biden, you just gave up your freedom to communist. You have Canada north of you who took away their freedom and now you will have two states (California and New York) owned by China. There are more people in poverty in two states than ever. High taxes and making the filthy rich to richer with fake economy and making the middle class to poverty.

  12. I will forever be grateful to the day I met Mrs Scott Angela on this platform.. She immensely changed my life through trading.

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