Финансист из Fidelity: Биткоин ожидает передышка в 2026 году после исторического взлета Translation: Fidelity Financier: Bitcoin Anticipates a Breather in 2026 After Historic Surge

The historical four-year Bitcoin cycle has come to an end, which suggests that the cryptocurrency is likely to face a prolonged decline in the coming year. This opinion was expressed by Yurriën Timmer, the director of global macroeconomic research at Fidelity.

He also emphasized that he still maintains a bullish outlook on the future of the leading cryptocurrency.

Timmer believes that the achievement of a historic peak by digital gold, surpassing $126,000 in October, may have marked the apex of the current cycle in both price and time.

*»Bitcoin could very well have completed another four-year phase following the halving. Crypto winters typically last about a year, so in my view, 2026 will be a ‘year of rest’,» he wrote.*

Timmer noted that the support for the asset is in the range of $65,000 to $75,000.

His conclusions contradict the prevailing industry belief regarding the «death» of Bitcoin’s four-year cycles. A number of experts believe that this theory is outdated due to the influx of a large number of institutional investors into the market.

Companies like Bitwise and Grayscale have pointed out in their forecasts for the next year that they expect new price records for the cryptocurrency. Analysts argue that this will be facilitated by:

Co-founder of Delphi Digital, Tom Shonessi, also expresses confidence in a rally for digital gold in 2026.

*»We’re still experiencing the catastrophic liquidations of October 10, which broke the market. Once that is behind us, we will reach new historical highs,» he wrote.*

According to the expert, the dynamics of the crypto market will be determined by «fundamental progress» in the industry, including increased adoption by Wall Street firms and positive regulatory changes.

However, investor sentiment remains pessimistic. Derivative supporters have hedged against the risk of Bitcoin falling below $85,000.

It’s worth reminding that experts from the Checkonchain platform and analyst MorenoDV have warned about the absence of a «final capitulation» for the first cryptocurrency.