Warning: Bitcoin enters "Bear Market Year" in 2026! Fidelity expert reveals "key support level"Fidelity's Global Macro Research Director Jurien Timmer, who has been long-term optimistic about Bitcoin, has recently become more cautious. He warns that Bitcoin has likely completed another "4-year cycle" and is about to enter a prolonged correction phase, possibly even facing a "Crypto winter."
Jurien Timmer pointed out that, based on historical experience, Bitcoin's price movements have consistently followed repeating cyclical patterns. From historical laws and time structures, this current cycle aligns closely with many previous bull and bear transitions.
He specifically mentioned that Bitcoin reached a historical high of $125,000 in October this year, after approximately 145 months of upward trend, which fully matches the expected range predicted by historical models.
Jurien Timmer stated that Bitcoin's bear market (commonly referred to as "Crypto winter") usually lasts about a year.
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