Fidelity Research Analyst: Bitcoin may enter the acceleration stage, the underlying price may stabilize 110,000 dollars

April 3 news, according to Bitcoin.com report, Fidelity digital assets research analyst Zack Wainwright said that bitcoin may currently be in an acceleration phase, showing high volatility and profit characteristics, similar to the price breakouts in 2013 and 2017. It pointed out that after the election, bitcoin prices rose 56%, if entering the second rally, the underlying price may be around $110,000, is expected to peak in the next few months.