Fidelity Executive: Bitcoin Likely in New Cyclical Bull Market with $300,000 Target by 2029
Fidelity's Director of Global Macro, Jurrien Timmer, noted on X on September 26 that Bitcoin's power-law model suggests a new cyclical bull market is underway following the defense of the $60,000 price level. He forecasts a target price of $300,000 for Bitcoin by 2029.
Summaries are written by AI from the original article. Not investment advice.