Fidelity macro chief Jurrien Timmer uses Power Law math to model a new Bitcoin bull market targeting $300,000 by 2029.
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🚨 Fidelity forecasts a $300,000 target for Bitcoin in 2029.
📉 Following the peak of $126,251 in 2025, a double bottom formed in $BTC between $57,742 and $60,033.
📊 Analysts believe that a move above $82,500 could open up technical space towards the $100,000 threshold.
🧭 Despite the positive outlook, Fidelity points to the risk of high volatility and diversification.
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