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Fidelity Investments’ global macro director Jurrien Timmer predicts Bitcoin is poised for a major breakout, driven by improving liquidity and a weakening US dollar. He highlights Bitcoin’s potential to reach new all-time highs as risk appetites rise.
- Bitcoin's potential breakout is linked to rising global liquidity and stock market highs.
- A weakening US dollar could drive investors toward Bitcoin as a hedge, alongside gold.
- Bitcoin's Sharpe ratio now outperforms gold, indicating better risk-adjusted returns.
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