Fidelity, which manages billions of dollars, announced its 2026 Bitcoin (BTC) prediction: “The bear market will begin, the price will bottom out at this...

As Bitcoin (BTC) spends the final days of 2025 in decline, hopes for a rise are gradually diminishing.

At this point, some analysts argue that a bear market has begun after the recent declines, while others claim that the rally will be postponed until 2026.

The latest forecast comes from Fidelity Investments, and it is based on a bearish outlook.

A recent forecast by Fidelity Investments predicts that Bitcoin may experience a volatile bear market in 2026.

Jurrien Timmer, global head of macro at Fidelity Investments, stated that Bitcoin most likely reached its cycle peak last October and that the latest bull run has ended.

At this point, Timmer noted that Bitcoin’s peak of approximately $125,000 in October was consistent with previous four-year cycles, both in terms of price and timing.

Referring to the fact that Bitcoin bear markets generally last about a year, Timmer stated that 2026 could be a potential year of rest for Bitcoin after the end of the bull cycle stemming from the halving in 2025.

Timmer predicts that Bitcoin will experience a decline in 2026 but will find support between $65,000 and $70,000, forecasting that BTC will bottom out at these levels.

“While I remain a secular bull on Bitcoin, my concern is focused on the possibility that Bitcoin may have completed its four-year cycle phase in terms of both price and time.”

If we visually align all the bull markets, we estimate that Bitcoin may have peaked at $125,000 in October after a 145-month rally, and this estimate is quite consistent with expectations.

Bitcoin winters last approximately a year, so in my opinion, 2026 could be a correction year for BTC. Support levels are located between $65,000 and $75,000.”

*This is not investment advice.