Fidelity Digital Assets, the cryptocurrency wing of investing giant Fidelity Investments (which manages a jaw-dropping $5 trillion in assets), just dropped an optimistic forecast: Bitcoin might soar past its previous all-time high before the current market rally cools off.

In a research note dated May 16, 2025, the firm suggested Bitcoin is in what they call an “acceleration phase”—a period where prices tend to climb faster as momentum builds. Translation? Buckle up, because this could be the stretch where Bitcoin truly takes off.

This isn’t just casual speculation. Fidelity’s analysis hints at growing institutional faith in Bitcoin’s staying power, even amid the crypto market’s notorious ups and downs. While they stop short of naming a specific price target, the message is clear: Don’t be surprised if Bitcoin rewrites the record books sooner rather than later.

For context, Fidelity’s crypto division has become a heavyweight voice in the digital asset space, blending Wall Street savvy with a forward-thinking approach. Their latest take adds fuel to the debate over whether Bitcoin is poised for another historic run—or if caution should still rule the day. Either way, it’s a perspective worth watching.

Read more: Fidelity Crypto® IRA: Eligibility, Setup, and Tax Advantages