Fidelity Executive: Bitcoin Power Law Model Suggests It Could Rise to $300,000 by 2029

Odaily reports that Jurrien Timmer, Global Macro Director at Fidelity Investments, posted on X platform stating that the Bitcoin power law model indicates a new cyclical bull market is unfolding after Bitcoin held the $60,000 level. According to this model, Bitcoin's price could reach $300,000 by 2029.