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      Fidelity Executive Predicts Bitcoin Could Reach $300,000 by 2029

      Jurrien Timmer, the Global Macro Director at Fidelity Investments, has shared insights on Bitcoin's price trajectory, suggesting that the cryptocurrency is poised for significant growth. In a recent post on social media platform X, Timmer highlighted that Bitcoin's ability to maintain a price level of $60,000 signals the beginning of a new cyclical bull market.

      Timmer referenced a power law model that supports his prediction, indicating that if Bitcoin sustains its current price, it could potentially reach $300,000 by the year 2029. This forecast reflects ongoing interest and investment in Bitcoin as a digital asset, despite the inherent volatility associated with cryptocurrencies.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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