According to Fidelity's Jurrien Timmer, Bitcoin may have concluded another four-year halving cycle, suggesting a potential "year off" in 2026. Timmer's analysis places support for Bitcoin in the $65,000–$75,000 range. His "Bitcoin analogs" chart compares current patterns to previous cycles, indicating a possible cooling phase. This aligns with a cycle-clock analysis that anticipated a peak, followed by a period of broad-range trade. A prior report noted a structural reset amid tighter liquidity and weaker willingness to maintain leveraged longs. The $65,000–$75,000 band falls within a bear-band model, which estimates a trough zone around $82,000–$57,000 based on historical drawdown percentages. This analysis suggests a low window potentially landing in late 2026 into early 2027 if the reset follows historical duration bands.

According to Fidelity's Jurrien Timmer, Bitcoin may have concluded another four-year halving cycle, suggesting a potential "year off" in 2026. Timmer's analysis places support for Bitcoin in the $65,000–$75,000 range. His "Bitcoin analogs" chart compares current patterns to previous cycles, indicating a possible cooling phase. This aligns with a cycle-clock analysis that anticipated a peak, followed by a period of broad-range trade. A prior report noted a structural reset amid tighter liquidity and weaker willingness to maintain leveraged longs. The $65,000–$75,000 band falls within a bear-band model, which estimates a trough zone around $82,000–$57,000 based on historical drawdown percentages. This analysis suggests a low window potentially landing in late 2026 into early 2027 if the reset follows historical duration bands.