Fidelity executive: The bitcoin bull market is over, 2026 may be a "consolidation year"
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Fidelity Global Macro Director Jurien Timmer stated that the latest bitcoin bull market has ended, and the peak near $125,000 in October aligns with the four-year cycle pattern. Timmer pointed out that 2026 may be a "consolidation year" for bitcoin, with key support levels between $65,000 and $75,000. Timmer compared bitcoin's recent weakness to gold's strong performance expected in 2025, noting that gold's performance in the bull market is in line with expectations.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$79,405.02
-1.15%
Ethereum
ETH
$2,294.92
-1.46%
Tether USDt
USDT
$0.9984
-0.02%
BNB
BNB
$733.77
-0.62%
XRP
XRP
$1.29
+0.17%
USDC
USDC
$0.9997
-0.01%
Solana
SOL
$99.14
-2.21%
TRON
TRX
$0.3271
-1.13%
Zcash
ZEC
$1,237.91
+0.48%
Hyperliquid
HYPE
$77.17
+0.27%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now