Bitcoin Is Currently Cheap Amid ‘Biggest Oversold Condition in Years’, Says Fidelity Macro Expert – Here’s Why

A top executive at financial services giant Fidelity Investments believes that Bitcoin (BTC) is currently a bargain. Fidelity’s director of global macro Jurrien Timmer says that based on the thesis that Bitcoin price will rise as its network grows, the flagship crypto asset is looking “cheap”. “If you believe in Bitcoin’s adoption-curve thesis (i.e.