Bitcoin may be entering a prolonged cooling phase after topping earlier this year, according to Fidelity Investments’ director of global macro research, Jurrien Timmer, who predicts a potential Bitcoin bottom near $65,000 in 2026, even as he maintains a long-term bullish outlook on the asset. In a post shared on X, Timmer said Bitcoin’s rally to an all-time high near $125,000 on Oct. 6 may have marked the peak of the current four-year halving cycle, both in terms of price and timing. “While I remain a secular bull on Bitcoin, my concern is that Bitcoin may well have ended another four-year cycle halving phase,” Timmer wrote
source: https://www.binance.com/en/square/post/33920800202978?utm_source=BinanceNewsRSS