Fidelity Analyst: The Four-Year Cycle of Bitcoin Has Not Ended, Expected Market Performance to be Weak in 2026
According to Coindesk, Jurrien Timmer, the Global Macro Research Director at Fidelity, believes that there are no signs from the charts indicating that the four-year cycle has ended.
"If we line up the charts of all bull markets, we find that after 145 weeks of rising, it peaked at $125,000 in October, which aligns very well with people's expectations."
He pointed out that the current "bear market" should last until 2026, with support levels between $65,000 and $75,000.
