[Fidelity Analyst Says Bitcoin Could Rise from $100,000 to $200,000 Much Faster] Odaily Planet Daily reports that Bitcoin News, in an article published on the X platform, quoted Zack Wainwright, research analyst at Fidelity Digital Assets, as saying that as of October 12, Bitcoin had risen nearly 50% from its June bear market low of approximately $58,000, a trajectory similar to its 2022 recovery. He cautioned that the rate of return in each Bitcoin cycle is narrowing, and past performance is not indicative of future results, but a significant increase in dollar-denominated value is still possible; Bitcoin took nearly 16 years to break through $100,000 for the first time, and the rise from $100,000 to $200,000 could be much faster.