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Crypto

Fidelity Executive Hints at Bitcoin Bull Market, Targets $300,000 by 2029

2026/09/28 18:50(Updated 2026/09/28 16:01)

CoinPost

Written by CoinPost Editorial Department

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Fidelity Executive Hints at Bitcoin Bull Market, Targets $300,000 by 2029

Analysis Suggests Entry into Bullish Cycle with $60,000 Support

Julian Timmer, Director of Global Macro at Fidelity Investments, a major U.S. asset management firm, posted on X on the 26th that "the power law calculation continues to indicate that a new cyclical bull market has begun for Bitcoin (BTC) by maintaining the $60,000 level, aiming for $300,000 by 2029."

The $300,000 target is based on the current price of...

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