Fidelity’s model projects that this growth cycle could extend strongly into 2026.
The weakness in the price of the pioneer cryptocurrency this week revived fears of a prolonged decline. However, several industry analysts argue that a larger pullback could be constructive in the long run.
Experts indicate that the relationship between Bitcoin and the $70,000 support level does not represent the start of a bear market, but rather a necessary supply rotation from retail hands toward institutional participants.
The current landscape lacks the macroeconomic panic pressures seen during the systemic collapse of 2022. Trader Jackis points out that even if the price drops, we are looking at a stabilizing macroeconomic range for 2025.
Meanwhile, Julien Bittel of Global Macro Investor reinforces this stance, noting oversold RSI readings below 30 — conditions that historically precede sustained recoveries once market noise dissipates.
For many investors, the key lies in the current market structure. Analyst Jelle highlights a bullish divergence forming on the three-day chart. While confirmation requires time and consolidation, this pattern has coincided with local bottoms in previous cycles.
In this context, the interaction between Bitcoin and the $70,000 support is perceived as a high-demand institutional buying zone.
Jurrien Timmer, Director of Global Macro at Fidelity, places this phase within a larger structure spanning into 2025. Timmer emphasizes that although the asset could test lower levels, the compound annual growth trajectory remains robust. Regression models suggest that if this expansion phase persists, the price could head toward ambitious six-figure targets by the end of the decade.
Current corrective phases are serving as the foundation for the next structural advance. While the market digests volatility, experts remain focused on Bitcoin and the $70,000 support as the inflection point that will determine the health of the crypto ecosystem heading into 2026.
For now, patience and monitoring momentum indicators will be fundamental for traders.
