Jurrien Timmer, Director of Global Macro at Fidelity Investments, projects Bitcoin could reach around $300,000 by 2029 under certain conditions. His analysis compares Bitcoin's price cycles, estimating a slower growth rate of 60% to 65% annually for the next wave after a market winter, compared to 100% to 105% in the previous cycle. The $300,000 target depends on Bitcoin maintaining a price near $60,000 and entering a new growth phase. Timmer notes a trend of longer but smaller price waves and cautions that this projection is speculative and may change.
The story on Bitcoin's potential $300,000 path to 2029 provides context for readers following cryptocurrency trends. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 17, 2026 08:21 WIB: out of 50 major cryptocurrencies, only 11 rose while 38 fell today. Among notable movers, BAL (Balancer) gained 11.14% to Rp16.297 with a typical hold time of 85 days, contrasting with BAT (Basic Attention Token) which dropped 4.13% to Rp3.574 and showed a 75% sell order activity, while EOS (EOS.IO) rose 8.13% to Rp12.649 with a typical hold time of 87 days.
Changan Automobile announced new partnerships covering seven European markets and launched its "with U" service program at Mondial de l’Auto 2026. This marks a shift from market entry to building a local ecosystem including manufacturing, sales, serv...
At the 2026 Mondial de l’Auto, Changan Automobile signed letters of intent with eight companies across seven European markets and launched its "with U" service program. This marks a strategic move to build a strong local ecosystem combining manufactu...
Bitcoin sellers gave up above the $80,000 mark on October 15, a pattern previously linked to local price lows during earlier price bursts in August and September. These bursts were followed by price declines and local bottoms, suggesting that the rec...
Thailand's Securities and Exchange Commission implemented new regulations effective October 16, enabling Bitcoin and Ether exchange-traded funds (ETFs) to trade on the Stock Exchange of Thailand. The framework requires each fund to passively track a ...
Northland Power Inc. announced it will release its third quarter 2026 financial results after market close on November 12, 2026. The company will host an earnings call and webcast on November 13 at 9:00 a.m. ET, providing investors an opportunity to ...
