Bitcoin to Hit $300,000 by 2029: Fidelity Director Backs Target With Pure Math

ANALYSISBitcoin to Hit $300,000 by2029: Fidelity Director BacksTarget With Pure Math22IMPORTANCECLOSED5NEWS MEDIA5PIECESSep 26, 2026 11:36blockboard.net

Fidelity macro chief Jurrien Timmer outlined a Bitcoin path that uses power-law math to point to $300,000 by 2029, while another piece framed the same outlook as tied to broader adoption trends. Separate coverage also described a nearer-term setup around $100,000 and said Bitcoin has held $60,000 in the framework used for the longer-run view.

What this rests on

Claim by claim, with its source
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Jurrien Timmer used power-law math to map a Bitcoin bull-market path to $300,000 by 2029.
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Another piece said the same forecast could influence how capital moves between traditional assets and Bitcoin if adoption keeps progressing.
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One report said Timmer’s view had shifted from earlier caution and now described a double-bottom setup with $100,000 as the target.
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That same piece said prediction-market pricing on Sept. 23 put the odds of Bitcoin rising above $100,000 before Jan. 1 at 39%.
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A separate analysis said the power-law framework signaled a new cyclical bull market after Bitcoin held the $60,000 level.
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Another piece said Timmer’s analysis still points to $300,000 by 2029 and described it as a continuation of long-term growth in the model.

What it means

Who it affects, what changes and what is still unconfirmed

Each sentence links inside to the piece that supports it.

Bitcoin holders and traders watching Timmer’s framework would notice a longer-horizon target paired with a nearer-term $100,000 setup. The $100,000 view and the prediction-market odds mentioned in the same coverage give market participants a concrete price level and a dated reference point to watch next.

Market reaction

BT Bitcoin the event is about this asset from 2 h before to 4 h after the line marks the first headline
published
+0.18 % before publication
-0.14 % after
$84,139price at publication
12series points

The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.

How the story was built

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 26 11:20
+2 h 26 m
Sep 26 13:46
Crypto Briefing context
Its angle: traditional, investment, strategies
+8 h 39 m
Sep 26 20:00
AMBCrypto adds
Brings into the story: BTC, THIS
+1 d 5 h
Sep 27 16:55
The Daily Hodl context
Its angle: overcomplicating, relationship, positioning; with quotes
+1 d 7 h
Sep 27 19:07
ZyCrypto context
Its angle: participants, predictions, observation; with quotes

Where this sits in the Bitcoin series

WhenWhat happenedFigure
1.0 years ago BTC a 1.152e+05 $ high today it sits -29.3 % from there
4 months ago BTC a 5.857e+04 $ low today it sits +39.1 % from there

From what we have stored, starting 1.0 years ago.

What could happen next

What the prediction markets currently price as likely. This is context, not a forecast of ours: there is money on it, and that is all we show.

2 % +1 pts
Kalshi · $4,415,187 of open interest · resolves on Jan 1, 2027
0 % no series
Kalshi · $1,148,516 of open interest · resolves on Oct 2, 2026
0 % no series
Kalshi · $1,135,683 of open interest · resolves on Oct 6, 2026
1 % no series
Kalshi · $1,022,099 of open interest · resolves on Oct 1, 2026