Crypto’s Mild Winter: Spring Around the Corner or Just a Fool’s Paradise?

Jurrien Timmer, Fidelity’s resident macro maestro, waved his hands and proclaimed the recent selloff a “mild winter,” as if crypto were a garden that just needs a bit of pruning. Bitcoin, he noted, had its moment in the sun at $126,000 before tumbling to $60,000-a 50% drawdown that he insists is just the asset growing up. “No more 80% crashes,” he said, with the confidence of a man who’s never met a black swan. “Spring is nigh,” he added, though whether he meant the season or a new crypto bull run remains as clear as a troll’s bathwater.




