Fidelity's Head of Global Macro: Bitcoin May Be Entering a New Four-Year Cycle Bull Market

On October 18, Bitcoin Magazine cited the views of Fidelity's Global Macro Head, stating that based on the power law characteristics of Bitcoin's price movements, a new four-year bull market cycle may have already begun.

The official noted that while the market does not yet appear to have formed a clear bullish narrative, historical bull markets often do not begin with a clear narrative either, so a lack of a definitive story does not imply that a new cycle has not launched.