Fidelity Global Macro Director Maps Bitcoin’s Conditional $300,000 Path to 2029
Photo: TokenPost
Bitcoin could reach about $300,000 by 2029 in a conditional scenario from Fidelity Investments Director of Global Macro Jurrien Timmer, whose market outlook ties a new cyclical bull-market call to Bitcoin holding near $60,000. His longer-range framework compares successive Bitcoin price waves by their size and duration. Timmer measured the 2022–2025 wave at 145 weeks, with a 105% compound annual growth rate (CAGR). For a hypothetical next wave, he used a slower annual growth rate of 60% to 65%, compared with 100% to 105% for the prior wave.
Source: TokenPost
