Bitcoin’s $126K Sprint May Be Over — Fidelity Predicts 2026 Slide

Fidelity’s top markets strategist has warned that Bitcoin’s October high of $126,000 could mark the top of the current cycle, and investors should be ready for a rough ride in 2026. Related Reading: Banks Could Favor A Higher XRP Price, Finance Expert Says According to Jurrien Timmer, a notable pullback is possible next year with key support seen in a range of $65,000 to $75,000. That view sits alongside data points and trader commentary that recall past big drops after sharp peaks. Cycle Warning From Fidelity Timmer said Bitcoin’s price history follows a roughly four-year rhythm tied to halvings. Past peaks have been followed by steep corrections of about 70 to 85%. For example, after a high of $1,137 in 2013 the price slipped to roughly $230, and the 2017 peak near $14,050 later traded down toward $3,415. Prices surged again after 2021, and that pattern of parabolic advance then sharp retreat has been repeated. Some traders say those falls are tests of patience rather than a sign the