Fidelity’s director of global macro Jurrien Timmer is updating his outlook on Bitcoin (BTC) as the leading crypto asset by market cap struggles near the $20,000 level. Timmer tells his 126,000 Twitter followers that when considering Bitcoin’s “P/E” (price to earnings), a metric traditionally used to value stocks by comparing the company’s earnings with its […]The post Top Fidelity Macro Analyst Says Bitcoin (BTC) Way Oversold as Key On-Chain Metric Reaches 2011 Levels appeared first on The Daily Hodl.
