Fidelity Analyst Says Bitcoin Could Rise from $100K to $200K Much Faster

Odaily: Bitcoin News posted on X platform that Zack Wainwright, a research analyst at Fidelity Digital Assets, stated that as of October 12, Bitcoin had risen nearly 50% from its bear market low of around $58,000 in June, with a trajectory similar to its 2022 recovery path. He cautioned that Bitcoin's returns have been narrowing each cycle, and past performance does not guarantee future results, but significant upside in dollar terms remains possible; Bitcoin took nearly 16 years to break through $100,000 for the first time, and the move from $100,000 to $200,000 could happen much faster.