Fidelity Details Five Catalysts to End Crypto Winter, Points to November 2026 as Potential Bitcoin Bottom

Fidelity detailed five historical catalysts that have ended past crypto winters since 2011 in a new note to investors. Bitcoin's four-year halving cycle tops the list, with the last bottom occurring in November 2022 and a repeat potentially marking a bottom around November 2026, according to the analysis.

Other catalysts identified include regulatory developments, monetary policy shifts from the Federal Reserve, new use cases such as real-world asset tokenization, and institutional adoption. Fidelity stressed that no one can predict when or if a bull market will return and emphasized investors should only risk what they can afford to lose.