Bitcoin’s $65K Level Could Decide the Next Bear Market

[madtrader]

Jurrien Timmer, director of global macro at Fidelity Investments, has identified $65,000 as a potential “do-or-die” level for Bitcoin if 2026 turns into a classic bear market year. His latest power-law analysis suggests that Bitcoin may soon face a critical test of long-term support.

Historically, moves toward Bitcoin’s power-law support line have coincided with major market bottoms. Timmer notes that while BTC has closely tracked its growth curve during the recent bull market, a prolonged consolidation could bring the lower support zone — currently near $45,000 — closer to $65,000, turning it into a decisive battleground.

[chainsniff]

every cycle ppl say bitcoin is “too mature” for bear markets and then reality hits