Bitcoin’s $300K Target Is Really a Power-Law Scenario $BTC is trading near the $82K–$86K resistance zone, while Fidelity’s Jurrien Timmer is looking much further out. His latest model maps a possible path toward $300K by 2029, based on Bitcoin’s long-term Power Law trend rather than a short-term price pattern. The model rests on two layers. First, Bitcoin defended the $57.7K–$60K area after falling more than 50% from its 2025 high of $126,251. Timmer treats $60K as the critical support that keeps the long-term structure intact. Second, weekly stochastic indicators have moved out of oversold territory, while the chart has formed what he describes as a double bottom. Long-term model: $300K by 2029 Near-term trigger: break above ~$82.5K Next psychological level: $100K Model invalidation risk: loss of the long-term support structure The important distinction is that $300K is not a near-term trading target. It is the output of a logarithmic model that Timmer uses to frame Bitcoin’s multi-year trend, including past drawdowns of 56% and 63%. So the immediate question is much smaller than $300K: whether Bitcoin can turn the $82K–$86K area from resistance into support. If it cannot, the long-term model remains just that, a model, not a confirmed path. #BTC Price Analysis# #BTC #Bitcoin