Bitcoin’s $65K ‘Attractive Entry Point’? Fidelity’s Cosmic Advice

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After a dramatic V-shaped recovery from its flash crash to $60,000, one of the world’s largest asset managers has indicated that the bottom might be in. Or perhaps, just perhaps, it’s all a cosmic joke played by the universe’s own financial algorithm.

Jurrien Timmer, the director of global macro at Fidelity Investments, has publicly identified the mid-$60k range as a critical buy zone. Which, in the grand scheme of things, is about as reliable as a quantum physicist explaining the meaning of life over a cup of tea.

The key price point

The broader market was fixated on macro headlines last week, but Timmer kept his eye on Bitcoin’s technicals. Despite the fear that gripped the market earlier today, he reaffirmed his conviction in the asset’s price floor. Or, as the universe might say, “This is fine.”

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“The markets spoke loudly last week to the next Fed Chair being announced,” Timmer wrote. “For Bitcoin, though, I continue to view $65k as an attractive entry point. Or, as I like to call it, the universe’s way of saying, ‘You’re welcome.’”

Gold will keep outperforming Bitcoin

Timmer also addressed the “elephant in the room,” which is the fact that gold has recently outperformed its digital counterpart. Gold has surged to new all-time highs due to central bank buying and geopolitical fear. Which, if you think about it, is exactly what you’d expect from a metal that’s been around since the dawn of time and has never once been accused of having a personality crisis.

Timmer attributes this lag to technical positioning rather than a fundamental failure of Bitcoin. Or, as the universe might put it, “Bitcoin’s just not ready for prime time yet.”

“Given the distance between gold and Bitcoin vis-à-vis their support levels,” Timmer explained, “I suspect that gold will continue to outpace Bitcoin until the flows converge further. Or, as I like to say, ‘Patience, young grasshopper.’”

Timmer shared what he described as a “somewhat cosmic-looking chart” tracking commodities and bonds since the cyclical bull market began in October 2022. The data highlights a stark reality for traditional 60/40 portfolios: long-term bonds are failing to protect investors, while “hard assets” are soaring. Which, if you ask me, is just the universe’s way of saying, “You thought you were smart? Try this.”

18 years vs. 5 millennia

In a chart comparing the inflation-adjusted market capitalizations of monetary assets, he noted that gold currently sits at roughly $35 trillion, while Silver and Bitcoin are tied at approximately $1.8 trillion. The speed at which Bitcoin reached that milestone, however, is unprecedented in human history.

“It’s amazing to me that it took Bitcoin 18 years to reach a market cap of $1.8 trillion; it took silver five millennia,” Timmer observed. “Apples to oranges of course, but still. Or, as the universe might say, ‘You’re welcome.’”

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2026-02-07 00:12