Bitcoin bear market may not be over, Fidelity warns

Fidelity warns that Bitcoin’s bear market may not be over and that recent rallies could be temporary. The firm points to ongoing macroeconomic headwinds and fragile liquidity dynamics as reasons for continued downside risk. The key implication for Bitcoin is heightened volatility and the possibility of further declines, signaling that investors should adopt stricter risk management and cautious allocations until a clearer market reversal is confirmed.