Fidelity strategist sees Bitcoin potentially returning to $100,000
Jurrien Timmer of Fidelity suggests Bitcoin may be entering a four-year upcycle and could revisit $100,000 if it clears a key resistance. His chart identifies $80,554 as the level to break, following two lows near $60,033 and $57,742, with a technical target around $103,400. U.S. spot Bitcoin ETFs drew $134 million on September 25.
Jurrien Timmer, Fidelity’s global macro director, has shifted from a cautious 2026 outlook to suggesting a possible four-year uptrend. His chart marks $80,554 as resistance, with prior lows at $60,033 and $57,742. A confirmed double bottom could point toward roughly $103,400, or about $107,900 if using May’s $82,807 peak.
U.S. spot Bitcoin ETFs attracted $134 million on September 25. Kalshi contracts for Bitcoin above $100,000 in 2026 traded at 39 cents, down from 41, while the $110,000 contract sat at 20 cents. PlanB’s October scenario also hinges on holding above $80,500.
If Bitcoin nears $100,000, retail holders, ETF investors, and crypto firms could see improved sentiment and greater mainstream attention. Financial advisers may face more client questions about allocating to digital assets. Yet the setup remains conditional: a failed break of $80,554 could reverse momentum, exposing leveraged traders and recent buyers to losses. Prediction markets’ caution suggests society-wide adoption may still lag price headlines, with outcomes depending on volatility, regulation, and investor risk tolerance.