📉 Jurrien Timmer's Cautious Outlook on #Bitcoin for 2026

🔮 Jurrien Timmer, the Director of Global Macro at Fidelity Investments, has expressed concerns about Bitcoin's performance in 2026. He suggests that Bitcoin may take a "year off" as part of its traditional 4-year cycle, despite the current positive trends in the crypto market. This perspective contrasts with the more optimistic views of crypto advocates like Tom Lee from Fundstrat and Michael Saylor from Strategy. 📊 Timmer acknowledges his enthusiasm for Bitcoin but emphasizes that 2026 could be a challenging year for the cryptocurrency. He believes that commodities might take center stage during that year, serving as a diversifier against stocks and bonds. He stated, #Bitcoin winters have lasted about a year, so my sense is that 2026 could be a "year off" (or "off year") for Bitcoin. 💰 The average cost to mine one Bitcoin is approximately $100,108. If Timmer's predictions hold true, the financial situation for Bitcoin miners could deteriorate further in 2026 due to a potential price decline. This could lead to Digital Asset Treasuries (DAT) selling their crypto holdings, creating additional selling pressure in the market. 📉 In summary, Jurrien Timmer's predictions suggest a cautious approach to Bitcoin in 2026. While he remains a supporter of the cryptocurrency, he foresees a possible setback before it regains momentum, with commodities potentially taking precedence in the investment landscape. $BTC