Bitcoin's 2026 test: $65,000 line in the sand, $45,000 power-law support

Fidelity's Jurrien Timmer identifies $65k as Bitcoin's critical "line in the sand," with the power-law trendline near $45k if 2026 becomes a consolidation year. On January 10, 2026, David Eng argued bear markets persist as cycles lengthen and volatility eases, adding that compressed readings imply price must catch up.