{"id":67213,"date":"2026-01-10T20:31:34","date_gmt":"2026-01-10T20:31:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=67213"},"modified":"2026-01-10T20:31:34","modified_gmt":"2026-01-10T20:31:34","slug":"fidelity-exec-says-bitcoin-is-shifting-from-power-law-what-this-means","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=67213","title":{"rendered":"Fidelity Exec Says Bitcoin Is Shifting From \u2018Power Law\u2019 \u2014 What This Means"},"content":{"rendered":"<div>\n<p>The price of Bitcoin ended the past year in the red despite reaching multiple all-time highs above the six-figure valuation mark. While the market leader has made a <a href=\"https:\/\/bitcoinist.com\/bitcoin-breakout-sharp-cooldown-profit-taking\/\" target=\"_blank\" rel=\"noopener \">solid start to 2026<\/a>, concerns are still swirling around about BTC\u2019s prospects over the coming months, especially in relation to the four-year cycle theory.<\/p>\n<h2><strong>Why $65,000 Could Be Crucial In This Cycle<\/strong><\/h2>\n<p>In a recent post on the X platform, Jurrien Timmer, Director of Global Macro at Fidelity, <a href=\"https:\/\/x.com\/TimmerFidelity\/status\/2009641313378136363?s=20\" target=\"_blank\" rel=\"noopener nofollow\">weighed in<\/a> on the current structure of the Bitcoin price. The market expert said that the premier cryptocurrency has taken a breather in the past few months and lagged compared to other assets, like gold, in 2025.<\/p>\n<p>Timmer revealed that Bitcoin is drifting away from the historically steep power law trajectory and instead following the internet S-curve. This structure shift also opened the door to the ongoing conversation about Bitcoin\u2019s typical cyclical behavior.<\/p>\n<p>According to several pundits, the traditional Bitcoin four-year halving-driven cycle is now dead, and a new structural upward wave seems to be taking root in the market. Proponents of \u201c<a href=\"https:\/\/bitcoinist.com\/bitcoins-four-year-cycle-declared-dead-by-outlier-ventures-heres-why\/\" target=\"_blank\" rel=\"noopener \">Bitcoin four-year cycle is dead<\/a>\u201d often state institutional adoption and spot exchange-traded funds as evidence of the new bullish market structure.<\/p>\n<p>While Timmer agrees that the relevance of the BTC halving event is decreasing, the Fidelity Director of Global Macro rejected the idea that the premier cryptocurrency would no longer see bear markets. \u201cI\u2019m skeptical, not about the waning power of the halving cycle (with which I agree), but the idea that bear markets are no longer going to happen,\u201d Timmer said.<\/p>\n<p>Speaking from a technical point of view, Timmer identified $65,000 \u2014 around the previous cycle high \u2014 as a crucial level for the price of Bitcoin. Meanwhile, the next most important level lies around $45,000, the power law trendline.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/pbs.twimg.com\/media\/G97ZV5RWsAAfDzu?format=png&amp;name=900x900\" alt=\"Bitcoin\" width=\"882\" height=\"522\"><\/p>\n<p>For context, the<a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-price-soar-to-146k-in-next-leg-up-analyst\/\" target=\"_blank\" rel=\"noopener nofollow\"> power law<\/a> is a mathematical model that suggests that Bitcoin\u2019s growth follows a predictable and consistent trajectory. This metric, often used to identify key levels in price analysis, shows the correlation between the value of BTC and time.<\/p>\n<p>Timmer noted that while the power law trendline is far from the current price of BTC, it could move to $65,000 if the flagship cryptocurrency enters a prolonged consolidation phase for the next year. This could make the $65,000 level an even more important zone for the Bitcoin price.<\/p>\n<h2><strong>Bitcoin Price At A Glance<\/strong><\/h2>\n<p>As of this writing, the price of BTC stands at around $90,520, reflecting no significant movement in the past 24 hours.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter wp-image-656193 size-full\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/BTCUSDT_2026-01-10_07-36-35.png?resize=2308%2C1484\" alt=\"Bitcoin\" width=\"2308\" height=\"1484\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/BTCUSDT_2026-01-10_07-36-35.png?w=2308 2308w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/BTCUSDT_2026-01-10_07-36-35.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/BTCUSDT_2026-01-10_07-36-35.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/BTCUSDT_2026-01-10_07-36-35.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/BTCUSDT_2026-01-10_07-36-35.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/BTCUSDT_2026-01-10_07-36-35.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/BTCUSDT_2026-01-10_07-36-35.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/BTCUSDT_2026-01-10_07-36-35.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The price of Bitcoin ended the past year in the red despite reaching multiple all-time highs above the six-figure valuation mark. While the market leader has made a solid start to 2026, concerns are still swirling around about BTC\u2019s prospects over the coming months, especially in relation to the four-year cycle theory. Why $65,000 Could [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-67213","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67213"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67213\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}