Fidelity’s latest Bitcoin chart pattern signals a 2026 “off-year” that could drag prices down to this brutal support level

The post Fidelity’s latest Bitcoin chart pattern signals a 2026 “off-year” that could drag prices down to this brutal support level appeared on BitcoinEthereumNews.com.

Fidelity’s Jurrien Timmer said Bitcoin may have completed another halving cycle in both price and time, and he placed support in the $65,000–$75,000 zone. Sharing a “Bitcoin analogs” chart, the Fidelity director of global macro wrote, “While I remain a secular bull on Bitcoin, my concern is that Bitcoin may well have ended another 4-year cycle halving phase, both in price and time.” He added that October’s high near $125,000 fit historical bull-market alignments and that “Bitcoin winters have lasted about a year,” making 2026 a potential “year off.” Bitcoin analogs point to a late-cycle cooling phase as time catches up with price The chart bands Bitcoin’s history into bull (green blocks) and drawdown (red blocks) regimes, then overlays prior-cycle “top analogs” (notably 2013 and 2017) to map how late-cycle advances have tended to roll into a cooling window. Its core message is that the time component has kept pace with the price component. Prior peaks cluster into a topping window followed by a retracement phase that can run close to a year, which is why Timmer tied his call to both the rally’s duration and the peak’s level. Bitcoin analogs chart (Source: Fidelity) That setup overlaps with a late-cycle framework laid out in CryptoSlate’s cycle-clock analysis, which tracked a 2025 peak window by applying prior halving-to-top timing (about 526 days after the 2016 halving and about 546 days after the 2020 halving). In that mapping, Bitcoin’s Oct. 6 print near $126,200 arrived inside the projected window. It was followed by stalled follow-through and broad-range trade, with key support near $108,000. More recent tape has tested whether the post-peak phase is turning into a deeper reset. A liquidity and positioning read noted Bitcoin’s Nov. 4 dip to about $99,075 and described the move as a structural reset amid tighter liquidity…