Fidelity's Jurrien Timmer Predicts a Weak Bitcoin Year in 2026
Jurrien Timmer, Director of Global Macro at Fidelity Investments, said on December 18, 2025 that he expects 2026 to be a down year for Bitcoin. The prediction from a prominent institutional strategist adds a notable voice to ongoing debate about crypto's near-term outlook and comes amid continued sensitivity to macroeconomic conditions and investor flows.
The forecast matters because large asset managers help shape sentiment among institutional and retail investors; a negative outlook could temper ETF allocations, risk-taking by leveraged traders, and miner capex plans. Timmer's view is a forecast, not a certainty, but it highlights persistent risks for crypto markets and underscores the need for investors to weigh time horizon and risk tolerance when positioning for 2026.