Bitcoin to Hit $300,000 by 2029: Fidelity Director Backs Target With Pure Math
- Published
- Updated
- Since then
- 4 new reports
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.
Key claims & sources
What it means
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 i
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.
Coverage timeline
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.
U.Today
scoop
Crypto Briefing
context
AMBCrypto
adds
The Daily Hodl
context
ZyCrypto
context
Where this sits in the Bitcoin series
| When | What happened | Figure |
|---|---|---|
| 1.1 years ago | BTC at $115,227 high | today it sits -34.3% from there |
| 4 months ago | BTC at $58,566 low | today it sits +29.2% from there |
From what we have stored, starting 1.1 years ago.