Fidelity’s Jurrien Timmer Says $60,000 Likely Bottom for Bitcoin Cycle
Jurrien Timmer, director of global macro at Fidelity Investments, told markets on Feb. 13, 2026 that $60,000 is likely the bottom for the current Bitcoin cycle. His view comes as macro indicators and on-chain metrics have shown cooling volatility after a strong run, and it reflects a growing institutional perspective that downside may be capped in this phase of the rally.
If proven correct, the assessment could give institutions and risk-managed strategies more confidence to commit capital or rebalance exposure to BTC near those levels. Traders should still weigh liquidity and event risk — and remember this is an opinion rather than a forecast — but Timmer’s stance matters because Fidelity is a major institutional voice whose views can affect flows and sentiment across crypto markets.