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Fidelity Predicts Bitcoin Bear Market for 2026: Price to Find Support Between $65,000 and $70,000

Fidelity Investments, a major player in the financial management sector, has made a bold prediction regarding Bitcoin’s future in 2026.

As we near the end of 2025, Bitcoin's value has started to decline, sparking discussions on whether a bear market is already in play.

Some analysts suggest the current trend indicates the end of Bitcoin's latest bull run, while others hold out hope for a resurgence in 2026.

Jurrien Timmer, Fidelity's global head of macro, indicated that Bitcoin likely peaked last October, aligning with typical four-year market cycles.

He noted that Bitcoin's peak price of around $125,000 was consistent with historical patterns, prompting concerns about a potential bearish phase ahead.

Timmer anticipates that 2026 may serve as a year of correction for Bitcoin, suggesting that its price could find support in the $65,000 to $70,000 range.

He emphasized that while he remains optimistic about Bitcoin in the long term, the market may need to adjust following the recent bull cycle initiated by the 2025 halving.

Historical data indicates that Bitcoin bear markets tend to last approximately one year, leading to the assessment that 2026 could be that year of decline.

Fidelity's outlook serves as a reminder of the market's volatility and the cyclical nature of cryptocurrency investments.

Investors should prepare for potential fluctuations ahead, especially given the challenges posed by current market conditions.