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Bitcoin's price model signals a new bull market with a $300,000 target by 2029.

Market News
27 Sep 2026
The Daily Hodl
View Source
Bullish
Bitcoin's price model signals a new bull market with a $300,000 target by 2029.

Fidelity's Director of Global Macro, Jurrien Timmer, highlights Bitcoin's power law math indicating a new cyclical bull market after holding the $60,000 level. This long-term model projects Bitcoin could reach $300,000 by 2029. Crypto strategist Killa supports this bullish outlook, noting Bitcoin's recent higher weekly high and reset positioning, suggesting strong upward momentum. However, Killa advises caution in early October as price action around the monthly open could influence the next move.

Bitcoin trades at Rp1.514.253.566 on Pluang as of Sep 28, 2026 00:21 WIB, showing a 0.46% increase in the last day. The market cap stands at Rp30.411,2 trillion with a 24-hour volume of Rp336,33 trillion. Buy orders dominate at 73%, and typical hold time on Pluang is 110 days, indicating steady investor interest.

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