Author: Elena R
Elena R 
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Jun 18, 2024 12:00
Elena R
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Fidelity Investment’s Director of Global Marco, Jurrien Timmer specializes in global macro strategy and active asset allocation within Fedility’s Global Asset Allocation Division. On Thursday, he shared his perspective on Bitcoin in several posts on the social media platform “X”. Jurrien considers Bitcoin (BTC) as exponential Gold, and as per his research, the price of Bitcoin is driven primarily by its Network growth. Further, he provided a chart showing Bitcoin’s growing network along a simple power curve. Despite the decline in the network’s growth, the price has continued to gain.