Jurrien Timmer from Fidelity has made a bold forecast, suggesting that both Bitcoin and gold might take a break in 2026.
“Regarding the 40, I remain an avid supporter of both gold and Bitcoin. However, I have a feeling that they may pause for a year before making their mark again. The chart below indicates that gold has only recently embarked on what could be another super cycle compared to equities.”
And… pic.twitter.com/gO4UaQZvrq
— Jurrien Timmer (@TimmerFidelity) December 26, 2025
In his latest social media update, he expressed his continued enthusiasm for gold and Bitcoin but hinted at the possibility of them taking a hiatus before reclaiming their prominence.
Gold Outshining Bitcoin
According to U.Today’s report, Timmer had anticipated that by the latter half of 2025, gold would transition its leadership role to Bitcoin. Nevertheless, this expectation did not come true as the yellow metal consistently outperformed its digital counterpart throughout the year.
This year has been particularly remarkable for gold; it experienced its most significant surge since 1979 with an increase of approximately 70%. Earlier today, it reached an unprecedented peak of $4,550. This upward trend is attributed to a “perfect storm” comprising geopolitical uncertainties and expectations surrounding the Federal Reserve’s anticipated shift towards more accommodating policies as central banks diversify away from US Treasuries.
On the other hand, Bitcoin is on track to experience one of its worst fourth quarters ever. Currently down nearly 7% this year alone.