Fidelity Exec: Bitcoin Power-Law Model Points to $300K by 2029

The significance here is less the price target than the source: a macro strategist at a major asset manager publicly framing Bitcoin through a long-horizon model rather than cycle sentiment. That matters for institutional allocators who weigh such commentary when constructing mandates, even if the model's assumptions remain unfalsifiable until the horizon arrives. The open question is whether this kind of published framework shifts how larger balance sheets discuss position sizing, or stays commentary.