Fidelity's director Jurrien Timmer predicts Bitcoin will reach $65,000 by 2026, despite the current bear market. Timmer highlights that Bitcoin's market behavior aligns with its historical 4-year cycle, projecting a peak of $126,000 by October 6, 2025. He anticipates 2026 to be a weaker year for Bitcoin, with support levels expected between $65,000 and $75,000.