Forecast

Fidelity’s macro chief Jurrien Timmer warned that both Bitcoin and gold may experience a “down year” or underperformance in 2026. The outlook could pressure flows into crypto and precious-metal strategies as investors reassess hedges.

Jurrien Timmer, Fidelity's Director of Global Macro, forecast that 2026 will be a down year for Bitcoin. The call from a major asset manager could influence institutional sentiment and market positioning.

Standard Chartered strategist Geoff Kendrick trimmed his year-end Bitcoin target to $100,000 and pushed his $500,000 projection back to 2030, calling current conditions a "cold breeze" rather than a full "crypto winter."

Strategy lowered its 2025 earnings forecast on Monday, citing a recent slump in Bitcoin that hit revenue tied to its crypto exposure. The move underscores growing corporate sensitivity to crypto volatility.

LINK trades near $14.51 but could rally to $19.32 in the medium term, implying roughly 33% upside; the $13.69 level is the immediate pivot for market direction.