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Fidelity predicts Bitcoin could hit $300,000 by 2029

Original: Fidelity Says Bitcoin Has Entered New Bull Market, Sees $300,000 by 2029

Fidelity says Bitcoin has entered a new bull market and projects the price could reach $300,000 by 2029. The forecast from one of the world's largest asset managers is drawing attention across crypto and financial circles, as analysts weigh whether institutional backing signals a longer, more sustained rally for the asset.

Why now: A major institutional asset manager issuing a bold long-term Bitcoin price target fuels debate about the asset's mainstream legitimacy.

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