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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.

Crypto

Bitcoin could reach $457,000 by 2030 as long-term optimism grows

A forecast says Bitcoin could reach $457,000 within four years if it maintains a long-term growth trend. Bitcoin analyst Mark Harvey, citing a power-law model, projected an annual average growth rate of about 54 percent. The estimate is based on a current price near $82,830 and implies about 53 percent compound annual growth. Other models show different midpoints, and researchers are divided on whether such models can reliably predict future prices.

Crypto

Bitcoin posts 32.48 percent return in Q3, raising focus on possible fourth-quarter gains

Bitcoin is drawing attention for possible additional gains in the fourth quarter after its strongest August performance in 9 years. U.Today reported on Aug. 31 that Bitcoin\'s 2026 third-quarter return stands at 32.48 percent. The cryptocurrency rebounded after quarterly declines in the first and second quarters, and the rise is being compared with 2017. Inflows to U.S. spot Bitcoin ETFs and short liquidations also supported the upswing.