JPMorgan analysts predict $165k BTC price

Takeaways:

• Wall Street’s Bitcoin year-end forecasts range between $133,000 and as high as $200,00.

• The majority of experts agree that the persistent Bitcoin ETF flows and gold correlation will likely propel BTC towards new records.

BitcoinBTCThe price of ( has increased by 13% within the last 7 days, and it is now edging closer to its all-time high record price of $124,500.

According to leading Wall Street financial institutions and UK financial institutions, Bitcoin will reach record highs by 2025.

Citigroup expects BTC to reach $133,000

Citigroup expects Bitcoin could end up at a high of $133,000 by 2025, a new all-time record. This implies an 8.75% increase from the current prices of around $122,350.

According to the bank’s case for growth, it is expected that there will be steady and supported growth. robust inflows from spot exchange-traded funds (ETFs) You can also find out more about the following: digital asset treasury allocationsThe key structural factors that it believes will drive Bitcoin to its next high are:

On Saturday, the total Bitcoin ETFs in US managed more than $163.50 BTC. Citi predicts that new ETF flows will total $7.5 billion before the end of this year, which is expected to help sustain demand.

Citi’s bear scenario, however, puts Bitcoin at as low as $83000 if the recession intensifies and sentiments about risk decline.

JPMorgan analyst: Bitcoin will reach $165,000 by 2025

When adjusted for volatility Bitcoin is still undervalued compared to gold. according The team is led by Nikolaos Paniagrtzoglou, managing director of JPMorgan Chase.

In the most recent report, published Wednesday, it was noted that Bitcoin’s volatility has fallen below 2, which means Bitcoin absorbs 1.85x more capital risk than gold.

In order to reach the $6 trillion estimated private gold reserves across bars, coins, ETFs etc., Bitcoins’ current $2.3 billion market capitalization will need to rise by 42%. That would mean a BTC value of approximately $165,000 theoretically.

Gold can be a valuable commodity. Bitcoin’s traditional macro counterpartIt is on pace to achieve its best-ever annual performance.

However, the annual relative strength index (RSI) For the XAU/USD, it has climbed up to almost 89. Its most overbought value since 2012.

This is a level that historically preceded deep, multiyear corrections of 40–60%. Gold’s upward trend may slow down in the coming week.

Related: Bitcoin’s rare September gains defy history: Data predicts 50% Q4 rally to $170K

Meanwhile, BTC has shown an 8-week lagging correlation with gold In recent years, JPMorgan has reinforced its outlook that a Bitcoin rally will occur at the end of this year if investors move away from precious metals.

JPMorgan’s bullish forecast also assumes that spot ETFs will continue to receive steady inflows. Federal Reserve continues its rate-cutting cycle The next months will be very busy.

Standard Chartered makes a $200,000 bold call

Standard Chartered continues to be the most positive among major banks. Bitcoin could reach $200,000 by December.

Like Citigroup and JPMorgan, the bank’s analysts cite sustained ETF inflows—averaging over $500 million per week—as a key driver that could lift Bitcoin’s total market capitalization closer to $4 trillion.

Growing institutional adoptionAlongside a weaker US dollar and an improving global economy, liquidity conditions, could set the stage for another parabolic move similar to Bitcoin’s 2020–2021 bull run, the analysts explain.

Standard Chartered’s analysts present the $200,000 situation as a “structural uptrend” Instead of a speculative short-term rally.

VanEck expects Bitcoin to rise from $180,000 in 2020 to $180,000 2025.

Asset manager VanEck projects Bitcoin may reach $180,000 in 2025 as a result of post-halving dynamics.

The company argues that April 2024 halving The demand for ETFs and digital assets treasuries will fuel the next upward leg.

The chart below shows that Bitcoin’s price has been reversing its previous 4-year cycle since the halves.

In the past, Bitcoin’s cycle peak has occurred between 365 to 550 days following a half-off. Since the halving on Saturday, 533 days have passed. That puts Bitcoin firmly in the window historically for major rallies.

Saad Ahmed is the head of Gemini APAC. told Cointelegraph Bitcoin’s cycles could go beyond this range. “driven more by human emotion than pure math” Will you? “very likely continue in some form” into 2026.

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.