đ° Fidelityâs Bitcoin Power Law model is pointing higher. đ
Fidelityâs Jurrien Timmer says Bitcoinâs move above the $60K âline in the sandâ supports the view that a new bull-market phase has begun.
According to the model shown in the chart: đŻ Power Law target: ~$300K by 2029
đ BTC has historically moved around the modelâs long-term trend
đ„ The model suggests substantial long-term upside potential
But remember: Power Law models are projections, not guarantees, and Bitcoin can deviate significantly from any model.
đ Is $300K by 2029 realistic?
#Bitcoin #BTC #Crypto #BinanceSquare #Fidelity #Bitcoin2029 #BTCPrice #CryptoMarket #BitcoinAnalysis #HODL
$BTC
Fidelityâs Jurrien Timmer says Bitcoinâs move above the $60K âline in the sandâ supports the view that a new bull-market phase has begun.
According to the model shown in the chart: đŻ Power Law target: ~$300K by 2029
đ BTC has historically moved around the modelâs long-term trend
đ„ The model suggests substantial long-term upside potential
But remember: Power Law models are projections, not guarantees, and Bitcoin can deviate significantly from any model.
đ Is $300K by 2029 realistic?
#Bitcoin #BTC #Crypto #BinanceSquare #Fidelity #Bitcoin2029 #BTCPrice #CryptoMarket #BitcoinAnalysis #HODL
$BTC