Veteran Wall Street Analyst Bullish on Bitcoin: Key support level at $60K, long-term target price $290K Original post by Jurrien Timmer, Global Macro Strategist at Fidelity Investments. Among traditional financial institutions, he’s one of the earlier executives to consistently focus on Bitcoin, known for using cycle theory and macroeconomic data to build predictive models. Previously made an accurate prediction of the October 2025 cycle peak. According to Timmer’s technical analysis framework, Bitcoin hitting the $60K mark aligns perfectly with the key support zone he forecasted months ago. He emphasized that compared to the sharp fluctuations during previous Bitcoin "winters," this pullback to $60K is relatively mild, which could suggest that this digital asset is maturing.