Bitcoin Holds Above $80,000 as Novogratz, Jackson and Fidelity's Timmer Target $100,000
Novogratz, Jackson and Fidelity's Jurrien Timmer each say Bitcoin can reach $100,000 by year-end while it trades in the $80,000s, citing charts, liquidity and portfolio diversification.
Why it matters
The calls come from a Galaxy Digital chief, a long-horizon investor and Fidelity's global macro head, so a $100,000 figure is being pushed publicly by people with commercial and allocation interests in the asset. If a double-bottom formation holds, it would put the first six-figure Bitcoin target of the cycle back in view; if momentum stalls, the same commentary leaves the $80,000 level as support in question. Nothing in the evidence settles which outcome follows.
Where the sources disagree
Which assets sit in the 20% alternatives bucket of the 60/20/20 model
gold, commodities, liquidity, REITs and Bitcoin
BTC-ECHO
commodities, gold, Bitcoin, cash, alts (equity L/S, managed futures, absolute return) and leveraged loans
U.Today
The two write-ups of Timmer's model list different alternatives, one naming REITs and liquidity and the other naming cash, alts, managed futures and leveraged loans.
Whether Bitcoin momentum has already turned
Bitcoin has now initiated a new upward movement
Crypto News (CryptoNews.net)
upward momentum losing steam, prices held in the $80,000s above the May highs
CoinDesk
Jackson described a new upward movement already under way, while CoinDesk reported that upward momentum has lost steam with traders split between another leg higher and further consolidation.
Key facts
Galaxy Digital CEO Mike Novogratz said he would not be surprised if Bitcoin ended 2026 near $100,000.
100,000 USDReported by U.Today
Novogratz said the $60,000 print is the low of the cycle and described Bitcoin as being in an 80 to 100 range.
60,000 USDDisputed figureReported by U.Today
Novogratz said that when Momo sells off, crypto does a little better, suggesting rotation between high-momentum equities and crypto.
Reported by U.Today
Eric Jackson said Bitcoin could reach $100,000 by the end of the year and called global liquidity the most important variable, while saying ETF inflows are not the sole factor.
100,000 USDReported by Crypto News (CryptoNews.net)
Jackson said Bitcoin fell from a peak of around $126,000 last year to $58,000 before starting a new upward movement.
126,000 USDReported by Crypto News (CryptoNews.net)
Fidelity global macro director Jurrien Timmer wrote on X that Bitcoin challenging key resistance at $80,000, if broken, confirms a double bottom targeting $100,000.
100,000 USDReported by CoinDesk
Timmer said the traditional 60/40 stock and bond model has been replaced by a 60/20/20 model of 60% equities, 20% bonds and 20% alternative assets, with Bitcoin among the alternatives.
20 %Reported by Crypto News (CryptoNews.net)
Timmer put Bitcoin's correlation with the S&P 500 at only about 30% and its correlation with long-term US Treasuries at approximately zero.
30 %Reported by U.Today
What happened
Bitcoin traded around $84,000 as Galaxy Digital CEO Mike Novogratz said on an All Things Markets discussion that he would not be surprised if the year closed near $100,000, adding that the low of the cycle was the print near $60,000 and that holding $80,000 on a weekly close matters. Novogratz also pointed to rotation into crypto when high-momentum equities sell off and said several small developments around the edges of the market have brought back enthusiasm. Eric Jackson told Crypto News that Bitcoin could reach $100,000 by the end of the year and called global liquidity the single most important variable, while cautioning that ETF inflows matter but are not the only driver. At Fidelity Investments, global macro director Jurrien Timmer said in an X post that Bitcoin challenging $80,000 resistance, and breaking it, confirms a double bottom with a $100,000 target, and separately named Bitcoin among the main diversifiers against equities and bonds. Timmer's portfolio model is 60% equities, 20% bonds and 20% alternatives, replacing60/40 in the post-COVID era, and he puts Bitcoin's correlation with the S&P 500 at about 30% and with long-term US Treasuries at roughly zero. What is not settled is how much weight the divergence carries: Jackson described the move as a possible new uptrend from a fall from a peak near $126,000 to $58,000, while CoinDesk noted that upward momentum has lost steam below the May highs and that traders are divided between another leg higher and more consolidation. One aggregator, Bitcoin Insider, cited U.Today and The Cryptonomist for the Fidelity diversification call and noted that whether the commentary was prompted by the price move or a longer-running internal view was not detailed in the available reporting.
How the story developed
- Official statement
Timmer posts the double-bottom call on $80,000 resistance
U.Today dates the post to Sept. 25; CoinDesk says he wrote on X on Friday that a break of $80,000 confirms a double bottom targeting $100K.
- First report
First report by U.Today
Novogratz Sees Bitcoin Hitting $100,000 by Year-End
- Update
Novogratz says a $100,000 year-end close would not surprise him
On an All Things Markets discussion, Novogratz cited the chart and small improvements around the edges of the crypto market.
- Independent corroboration
Independently corroborated by CoinDesk
Bitcoin beats gold, surge to $100,000 in play
- Update
CoinDesk reports Bitcoin up more than 40% on the quarter while gold fell
Gold fell nearly 4% on the Monday as long-duration yields hit their highest levels since 2007 and the DXY rose 2.7% from 98.78 to nearly 101.50 since Sept. 9.
- Update
Eric Jackson backs $100,000 by year-end
He singled out global liquidity and US10-year Treasury yields over other indicators and still expects continued spot ETF inflows.
- Official statement
Fidelity's Timmer names Bitcoin a key diversifier
He placed Bitcoin with commodities, gold, cash, alts and leveraged loans as the main diversifiers against the 60 in equities and the 20 in bonds.
- Update
Timmer's 60/20/20 portfolio model is detailed
Two write-ups, one in English and one in German, describe the replacement of the 60/40 model by 60% equities, 20% bonds and 20% alternatives.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 28 Sept 2026, 19:27 UTC: U.Today — 1 independent source, 1 reports
- 29 Sept 2026, 11:34 UTC: CoinDesk — 2 independent sources, 2 reports
- 30 Sept 2026, 18:59 UTC: Crypto News (CryptoNews.net) — 3 independent sources, 3 reports
- 2 Oct 2026, 07:25 UTC: U.Today — 4 independent sources, 4 reports
- 4 Oct 2026, 06:00 UTC: BTC-ECHO — 5 independent sources, 8 reports
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| U.Today Crypto media | Novogratz Sees Bitcoin Hitting $100,000 by Year-End | Original | |
| CoinDesk Crypto media | Bitcoin beats gold, surge to $100,000 in play | Independent | |
| BTC-ECHO Crypto media | Das Ende des 60/40-Portfolios: Deshalb ist Bitcoin der Gewinner einer neuen Ära | Independent | |
| U.Today Crypto media | Fidelity Names Bitcoin as Key Diversifier Beyond Stocks and Bonds | Syndicated | |
| U.Today Crypto media | Novogratz Says Bitcoin May End 2026 Near $100K | Syndicated | |
| Crypto News (CryptoNews.net) Aggregator | Eric Jackson: “Bitcoin Could Reach $100,000 by the End of This Year” – His Long-Term Target Is $50 Million | Syndicated | |
| Crypto News (CryptoNews.net) Aggregator | Fidelity Executive Jurrien Timmer Unveils New Portfolio Model! What Percentage Does Bitcoin Hold? | Syndicated | |
| Bitcoin Insider Aggregator | Bitcoin Deserves Spot Alongside Stocks and Bonds, Fidelity Argues | Aggregated |
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