Bull market started after October 2022 reset, Jurrien Timmer notes

Bull market started after October 2022 reset, Jurrien Timmer notes
Bull market started after capital reset

Jurrien Timmer stated that the current cyclical bull market began four years ago on October 13, 2022, following a significant reset in the cost of capital. He attributed this reset to the inflation surge during the COVID era and a combination of strong monetary and fiscal measures. Timmer also noted that while the fiscal impulse continues, the monetary aspect has shifted.

Timmer previously forecast that Bitcoin’s price could reach $300,000 by 2029, citing power law mathematics as a basis for the long-term bull market trajectory in an earlier analysis. He also discussed how tightening financial conditions have started to affect corporate earnings in a separate commentary. These views provide context for his latest comments on the ongoing market cycle.

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