87,000 four-day campaigns couldn’t break it, but the Wall Street big shots immediately set their sights on $300,000 in 2029.
Last Friday, Timmer, Fidelity’s global macro director, published a post: after Bitcoin holds the “$60,000 defense line,” a power-law mathematics model suggests a new round of cyclical bull market has already started, with the target pointing to $3,000,000, in 2029. His basis isn’t emotion: the 52-week Z-score of the BTC/gold ratio has risen from near the -100% bottom to +6%. Historically, every time this indicator flips positive, it corresponds to the bottom of the cycle.
My view is that what’s most valuable about long-horizon models is the framework, not the numbers. It puts “adoption-driven price” into a logarithmic growth curve, telling you where the current price sits on the historical coordinates—right now BTC is hovering around $85,000, which in the model is basically midfield. I’ll treat the $300,000 figure as a reference point. What truly determines whether the model holds are two hard conditions: the foundation of the entire logic is that $60,000 is not broken; if it breaks, the whole setup has to be rebuilt. Also, can a breakout above the $82,500 level on the short term trigger a double-bottom move upward toward $100,000? That’s the only trigger line worth watching in the past month.
And don’t ignore headwinds: U.S. 10-year Treasury yields surged to 5.24% by late September, the highest since 2007, putting meaningful pressure on risk assets. A bull run doesn’t mean a straight-line climb.
Data as of: 2026-10-04 17:00 UTC
Source: TradingView News; CCN
For information sharing only and does not constitute investment advice.
The model crowd sees $300,000 in 2029, while the short-term crowd is only watching the $100,000 trigger line—which side are you on?$BTC #Bitcoin
Last Friday, Timmer, Fidelity’s global macro director, published a post: after Bitcoin holds the “$60,000 defense line,” a power-law mathematics model suggests a new round of cyclical bull market has already started, with the target pointing to $3,000,000, in 2029. His basis isn’t emotion: the 52-week Z-score of the BTC/gold ratio has risen from near the -100% bottom to +6%. Historically, every time this indicator flips positive, it corresponds to the bottom of the cycle.
My view is that what’s most valuable about long-horizon models is the framework, not the numbers. It puts “adoption-driven price” into a logarithmic growth curve, telling you where the current price sits on the historical coordinates—right now BTC is hovering around $85,000, which in the model is basically midfield. I’ll treat the $300,000 figure as a reference point. What truly determines whether the model holds are two hard conditions: the foundation of the entire logic is that $60,000 is not broken; if it breaks, the whole setup has to be rebuilt. Also, can a breakout above the $82,500 level on the short term trigger a double-bottom move upward toward $100,000? That’s the only trigger line worth watching in the past month.
And don’t ignore headwinds: U.S. 10-year Treasury yields surged to 5.24% by late September, the highest since 2007, putting meaningful pressure on risk assets. A bull run doesn’t mean a straight-line climb.
Data as of: 2026-10-04 17:00 UTC
Source: TradingView News; CCN
For information sharing only and does not constitute investment advice.
The model crowd sees $300,000 in 2029, while the short-term crowd is only watching the $100,000 trigger line—which side are you on?$BTC #Bitcoin
