Market Analyst Predicts Extended Bear Market Until 2026

According to PANews, Jurrien Timmer, Director of Global Macro Research at Fidelity, has expressed skepticism about the conclusion of the four-year market cycle. Timmer noted that there are no indications from the charts suggesting the cycle has ended. He explained that aligning the trajectories of all bull markets reveals a peak of $125,000 in October after 145 weeks of growth, which aligns with expectations. Timmer anticipates that the current bear market will persist until 2026, with support levels ranging between $65,000 and $75,000.