Fidelity's Jurrien Timmer reaffirmed his long-term

Bitcoin forecast on November 18, once again

projecting a potential valuation of $1 billion per

BTC by 2038. His model, grounded in Metcalfe's

Law, suggests that as Bitcoin's user base scales

nto the billions, its network value could rise

geometrically positioning BTC as a global

reserve asset far beyond its current $2.47 trillion

market cap.

Despite short-term market volatility, Timmer's

outlook has remained consistent since 2021 . He

emphasizes Bitcoin's scarcity-driven long-term

potential, noting that even holding as little as

0.001 BTC today could translate into

multimillionaire status if his model plays out.$BTC #WriteToEarnUpgrade

BTC
BTC
88,284.08
+1.56%