Fidelity: Bitcoin four-year cycle still intact; market go weak till 2026 (Pidgin)
Jurrien Timmer wey be Fidelity Global Macro research director talk sey Bitcoin historical four‑year halving cycle still dey intact after di post‑halving rally wey reach peak for October near $125,000. Timmer cycle analysis—wey based on patterns from 2012, 2016 and 2020—show about 145 weeks of gains before e reach top, and e expect say multimonth bear‑like phase go continue into 2026. Fidelity identify likely support for di $65,000–$75,000 band. Di view different from more bullish talk from some analysts wey dey argue say institutional adoption and spot‑ETF flows fit change historical cycles. For traders: BTC fit still face downside pressure or consolidation for early‑to‑mid 2026, with potential buying opportunities round di $65k–$75k support zone; volatility fit remain high as markets dey reassess ETF flows and macro conditions. Dis na market analysis, no be investment advice.
Bearish
Timmer analysis dey show say di traditional post‑halving cycle dynamics still dey play, wit historical pattern of long gains follow by multimonth drawdown. Di projected $65k–$75k support band mean say plenty downside fit come from di October peak near $125k and e indicate say market fit go consolidate or lose more into early‑to‑mid 2026. For traders, dat mean higher risk of short‑term selling pressure and sustained volatility as markets dey weigh ETF flows and macro factors. Even though institutional adoption and spot ETF developments remain bullish tailwinds long‑term, di immediate price impact wey dem describe — expectation of prolonged bear‑like phase and a clear support range — dey lean bearish for BTC price action in di near to medium term. Trading implications: manage risk, consider scaling into di $65k–$75k band if accumulation na part of your plan, and expect volatile re‑tests of support.