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Fidelity
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- 1Fidelity's Jurrien Timmer Sees Bitcoin Bull Market, $300K Target●Fidelity Macro Chief Jurrien Timmer Says Bitcoin Bull Market Is Back, Targets $300K By 2029
Jurrien Timmer, Fidelity's director of global macro, says the Bitcoin bull market is back on, projecting a price of $300,000 by 2029. The call is circulating across trading and crypto news outlets, giving bulls a high-profile institutional endorsement even as analysts caution that long-range price targets rest heavily on assumptions about liquidity and interest rates.
- 2Fidelity Strategist Timmer Sees Bitcoin Reaching $300,000 by 2029●Fidelity’s Jurrien Timmer Says Math Supports a $300,000 Bitcoin by 2029
Jurrien Timmer, director of global macro at Fidelity, says his valuation model supports a bitcoin price of $300,000 by 2029. The projection ties bitcoin's potential value to its scarcity and comparison with gold, and is drawing attention as it comes from a senior strategist at one of the world's largest asset managers.