Fidelity 2026 Outlook: More Countries May Include BTC in Reserves

According to TechFlow TechFlow, on January 3rd, Fidelity stated in its "2026 Crypto Market Outlook" that investors looking to enter the market for short-term gains should exercise caution, but for those aiming for long-term holding, it may not be too late. Chris Kuiper, Vice President of Digital Asset Research at Fidelity, pointed out: "Fidelity's digital asset division believes that, based on game theory principles, more countries may buy Bitcoin in the future. If more countries include Bitcoin in their foreign exchange reserves, other countries may face increased pressure to follow suit as they may feel competitive pressure. From a simple supply and demand economics perspective, any additional demand for Bitcoin could push up prices. But the key is the scale of the incremental demand and whether other investors are selling or holding." Corporate purchases of crypto assets increase market demand, helping to boost asset prices. Kuiper cautioned: "If these companies choose or are forced to sell some of their digital assets, for example, when a bear market arrives, this could certainly put downward pressure on Bitcoin or other digital asset prices." Kuiper believes that the four-year cycle has not completely disappeared because the fear and greed that drive the cycle have not dissipated. The current price decline could be the start of a new bear market, or it could simply be a correction within a bull market. Whether the cyclical predictions will come true remains to be seen, and a clear answer may not be available until later in 2026.