Fidelity Executive: Bitcoin Likely in New Cyclical Bull Market with $300,000 Target by 2029
Jurrien Timmer, Director of Global Macro at Fidelity, stated on X on September 26 that Bitcoin appears to have entered a new cyclical bull market after successfully holding the $60,000 support level. Based on power-law models, he projects a potential price target of $300,000 by 2029.
Summaries are written by AI from the original article. Not investment advice.