I plotted out Fidelity's Bitcoin prediction on my chart. It calls for $1 million at 2030 and $1 billion at 2040. Essentially, it's an s-curve. And it's really no different than inverting what Bitcoin's been through over the last 16 years, moving forward 16 years (but not quite as steep: bearish). Essentially stating that the point of inflection is right now.
When you look at it on the chart it doesn't actually look that crazy. And it makes sense that if we're in the point of inflection now, we wouldn't know it yet.
The telltale sign would be where the next bear market takes us. If we barely dip below 100k again, in 2027, then we are in the s-curve. If we dip down to last cycle's all time high, or a little lower, like 58k - 70k, then it's more akin to the power law.
The crazy part is during the next cycle starting in 2028, the cycle low is the same as the cycle high. Which is where faces start to melt.
Fidelity S-curve is the orange line.
