Bitcoin to Hit $300,000 by 2029: Fidelity Director Backs Target With Pure Math
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Jurrien Timmer, Global Macro Director at Fidelity Investments, stated that Bitcoin is approaching a critical technical level, and that a new upward movement could be confirmed if the $80,000 critical level remains above this level. According to Timmer, Bitcoin is currently testing the important support level at $80,000. If this level is broken upwards, a double bottom pattern could be formed on the chart […] Source: Bitcoinsistemi.com
🚨 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. Read More: Fidelity forecasts a $300,000 target for Bitcoin in 2029 The arti…
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