Based on NewsBTC, Fidelity’s top markets strategist Jurrien Timmer has warned that Bitcoin’s October high of $126,000 may mark the top of the current cycle, with a potential pullback expected in 2026. Timmer cited historical patterns tied to Bitcoin’s four-year halving cycle, where past peaks were followed by steep corrections of 70–85%. Key support levels are expected to be between $65,000 and $75,000. Traders note that these declines are often tests of patience rather than signs of a broken trend. Galaxy Research also highlighted overlapping macro and market risks for 2026, though remains bullish on a long-term path toward $250,000 by 2027.
Fidelity Predicts Bitcoin Price Slide in 2026 After $126K High
NewsBTCShare
Summary
Bitcoin price prediction from Fidelity suggests a potential pullback in 2026 after hitting $126,000 in October. Fidelity’s Jurrien Timmer noted historical trends show 70–85% corrections after major peaks. Key support levels are expected between $65,000 and $75,000. Galaxy Research also warned of macro and market risks in 2026 but still sees Bitcoin price reaching $250,000 by 2027.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.