Latest BTC bull turns bear, Jurien Timmer warns of year-long crypto winter

Jurien Timmer, Director of Global Macro at Fidelity and a long time bitcoin bull, has become one of the latest financial strategists to turn more bearish on bitcoin , citing the asset’s four year cycle.

Bitcoin has historically followed a repeatable pattern, and from both an analog and time-based perspective, the current cycle appears to be aligning closely with prior ones, Timmer argues.

The October all-time high near $125,000, reached after roughly 145 months of cumulative rallying, fits well within the framework. Bitcoin bear markets, often referred to as winters, typically last about a year, Timmer says. As a result, he sees 2026 as a potential “year off” for bitcoin following the conclusion of the latest halving…

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