Markets· ★★★· bullish·

Fidelity exec: Bitcoin has entered a new cyclical bull market, $300K target by 2029

  • —Timmer: holding $60,000 confirmed the start of a new cyclical bull run
  • —Fidelity's power-law model sets a $300,000 target for 2029
  • —The forecast was posted on X on September 26
Why it matters: A bullish call from a major institutional player reinforces upside expectations, though it does not move BTC's current price near $84,000.
Source: PANews