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Fidelity Research Analysts: Bitcoin may enter an acceleration phase, and the underlying price may stabilize by $110,000

On April 3, according to Bitcoin.com, Zack Wainwright, an analyst at Fidelity Digital Assets Research, said that Bitcoin may currently be in an accelerating stage, showing high volatility and profit-making characteristics, similar to the price breakthroughs in 2013 and 2017. It pointed out that Bitcoin prices rose 56% after the election. If they enter the second rebound, the base price may be around US$110,000 and is expected to peak in the next few months.

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