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Bitcoin eyes $100K after rallying 45%, Fidelity sees potential to hit $300K this cycle

Market News
26 Sep 2026
AMBCrypto
View Source
Bullish
Bitcoin eyes $100K after rallying 45%, Fidelity sees potential to hit $300K this cycle

Bitcoin has surged 45% from $57.8K in July to $87K, with Fidelity predicting a move to $100K if it clears the key $82K resistance level. This level also aligns with the average cost basis of U.S. Spot BTC ETFs, making it a critical support zone. Fidelity's Jurrien Timmer projects an even bolder target of $300K for this cycle, based on technical patterns and the Bitcoin Power Law model. However, short-term macroeconomic pressures, including a possible Fed rate hike, could impact momentum, though miner sell pressure remains low due to increased profitability.

Bitcoin's recent surge of 45% from $57.8K to $87K sets the stage for potential further gains, with Fidelity eyeing a $100K level as a key resistance. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 27, 2026 02:02 WIB: out of 50 major cryptocurrencies, 30 rose and 18 fell today. Notable movers include XRP at Rp27.277 with a 2.95% decline, AVAX at Rp193.433 up 2.90%, and LINK at Rp254.049 up 2.50%, with typical hold times ranging from 63 to 87 days and varied buy-sell order activity.

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