Bitcoin Price Target: Fidelity Analyst Sees $300K by 2029

2 days ago 5

Key Takeaways

• Timmer’s target rests on Bitcoin’s historical growth model.
• His gold-relative indicator has moved above zero.
• $60,000 remains central to his cycle assessment.

The Fidelity director of global macro outlined the target in a post accompanying his power-law chart, saying its mathematics suggests “a new cyclical bull market is underway after holding $60k, targeting $300k in 2029.”

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