CoinScoopFidelity Director: Power Law Model Targets $300,000 for Bitcoin by 2029
Jurrien Timmer, Director of Global Macro at Fidelity Investments, stated on X that Bitcoin's power law model suggests a new cyclical bull market is underway after successfully holding the 60,000 dollar support level. Based on this model, he projects that Bitcoin could reach 300,000 dollars by 2029.
Summaries are written by AI from the original article. Not investment advice.