Fidelity: Bitcoin Target of $300,000 in 2029
2026-09-28 01:08:51
According to CoinMeta, Fidelity, the global macro director Jurrien Timmer, pointed out that Bitcoin's power-law mathematical model suggests that as cryptocurrencies remain at the $60,000 level, a new cyclical bull market is about to begin. This analysis predicts that by 2029, the price of Bitcoin could reach $300,000. Meanwhile, crypto strategist Killa stated that Bitcoin has entered a new bullish phase, with higher highs forming on the weekly chart. He noted that market sentiment is overly complicated, but in reality, Bitcoin's trend is quite simple. Killa also mentioned that the coming days will be crucial for Bitcoin's price trend in October.
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Source:The Daily Hodl
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