💰 Fidelity’s Bitcoin Power Law model is pointing higher. 📈
Fidelity’s Jurrien Timmer says Bitcoin’s move above the $60K “line in the sand” supports the view that a new bull-market phase has begun.
According to the model shown in the chart: 🎯 Power Law target: ~$300K by 2029
📊 BTC has historically moved around the model’s long-term trend
🔥 The model suggests substantial long-term upside potential
But remember: Power Law models are projections, not guarantees, and Bitcoin can deviate significantly from any model.
👀 Is $300K by 2029 realistic?
#Bitcoin #BTC #Crypto #BinanceSquare #Fidelity #Bitcoin2029 #BTCPrice #CryptoMarket #BitcoinAnalysis #HODL
$BTC
Fidelity’s Jurrien Timmer says Bitcoin’s move above the $60K “line in the sand” supports the view that a new bull-market phase has begun.
According to the model shown in the chart: 🎯 Power Law target: ~$300K by 2029
📊 BTC has historically moved around the model’s long-term trend
🔥 The model suggests substantial long-term upside potential
But remember: Power Law models are projections, not guarantees, and Bitcoin can deviate significantly from any model.
👀 Is $300K by 2029 realistic?
#Bitcoin #BTC #Crypto #BinanceSquare #Fidelity #Bitcoin2029 #BTCPrice #CryptoMarket #BitcoinAnalysis #HODL
$BTC