[Fidelity: Bitcoin Approaching Power-Law Model Support Level of $58,237, But Lacks Bullish Momentum in Macro Environment] According to U.Today, Jurrien Timmer, Global Macro Director at Fidelity Investments, stated that Bitcoin is approaching its power-law model support line at approximately $58,237. However, the current macro environment lacks bullish catalysts, and a trend reversal remains unclear. Timmer noted that speculative fast money is shifting from alternative stores of value to high-flying tech sectors. Historically, Bitcoin's power-law support line has served as a mathematical safety net multiple times: in 2015, Bitcoin touched $230 while the model support was $252; in 2018, it dropped to $3,204 while the support was $2,521; and at the end of 2022, the bottom was $16,366 while the support was $15,006.