![Fidelity's Jurrien Timmer Says Bitcoin (BTC) to Consolidate Recent Gains (Fidelity)](https://btcusa.com/wp-content/uploads/2024/01/Fidelitys-Jurrien-Timmer-Says-Bitcoin-BTC-to-Consolidate-Recent-Gains-678x381.jpg)
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“The short-term question is whether this a sell-the-news moment. My guess is that it will take a little time to consolidate the recent gains, now that the big moment has arrived,” Timmer posted on X. “There were more than a few participants who ‘equitized’ future spot positions through either the futures market or bitcoin-sensitive equities.”
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