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Crypto

Bitcoin $500,000 outlook resurfaces as investors weigh feasibility

A forecast that bitcoin could reach $500,000 by 2028 has resurfaced. Cole Kennelly, founder and CEO of Volmex Labs, projected bitcoin could surge to $500,000 within two years. That would require a sixfold, 540 percent rise from about $84,269. The call drew attention because Volmex focuses on volatility metrics, including an implied volatility index used to gauge expectations. Similar $500,000 projections have appeared before, with target dates repeatedly delayed.

Crypto

Benjamin Cowen says no need to predict bitcoin; key year-end factor is weekly close

Bitcoin has moved into a key zone that could shape year-end market direction after breaking above its May peak on a weekly basis. Market analyst Benjamin Cowen revised his fourth-quarter 2026 strategy model as bitcoin tested a key technical area near $83,000. He said the weekly close could be the main signal through year-end. Cowen outlined scenarios depending on whether bitcoin holds above the May high or slips back below it.

Crypto

Fidelity says bitcoin holds $60,000 support, could hit $300,000 in 2029

Bitcoin could reach $300,000 by 2029, according to a forecast. Jurrien Timmer, director of global macro at Fidelity Investments, sees bitcoin finishing a localized weak phase and preparing for a long-term upswing. He highlighted $60,000 as a key support level and pointed to a double-bottom pattern around $57,742 to $60,033. Analysts also cite resistance around $82,000 to $86,000, with $82,500 as a breakout point toward $100,000, while warning of volatility.