JPMorgan analysts predict $165K bitcoin price

The key 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 past week and is moving towards its new record high.

Top Wall Street and UK Financial Institutions predict that Bitcoin could reach a new record by the year 2025.

Citigroup believes BTC will reach $133,000

Citigroup expects Bitcoin will end the year 2025 around $133,000 and set a record. It implies a modest increase of 8.75% from the current levels, which are 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) The following are some examples of how to get started: digital asset treasury allocationsIt sees these as key drivers for Bitcoin’s next upward leg.

All US Bitcoin ETFs managed over $163.50 BTC as of Saturday. Citi expects new ETF investments to be around $7.5 billion at the year’s end, helping sustain demand.

Citi’s bear scenario, however, puts Bitcoin at as low as $83000 if the recessionary pressures increase and the risk sentiment declines.

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

When adjusted for volatility Bitcoin is still undervalued compared to gold. according A team of JPMorgan Chase strategists, led by the managing director Nikolaos Pantigirtzoglou.

They wrote that the Bitcoin to gold volatility ratio is now below 2.0. This means Bitcoin has about 1,85 times as much risk capital in it than gold.

In order to reach the $6 trillion estimated private gold reserves across bars, coins, ETFs etc., Bitcoins’ current market cap of $2.3 trillion would have to rise by 42%.

Gold is often seen as a precious metal. Bitcoin’s traditional macro counterpartIt is on pace to achieve its best-ever annual performance.

The yearly relative strength index (RSI) For the XAU/USD, it has climbed as high as 89. It is now at its highest level of overbought since 2012.

This is a level that historically preceded deep, multiyear corrections of 40–60%. The gold uptrend could lose momentum in the next few weeks.

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 In the next few months,

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 adoptionThe US dollar is weakening and the global economy has improved. liquidity conditions, could set the stage for another parabolic move similar to Bitcoin’s 2020–2021 bull run, the analysts explain.

Standard Chartered analysts describe the $200,000 case as a “structural uptrend” It is more than just a short-term rally.

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

Asset manager VanEck projects Bitcoin’s value could be around $180,000 by the year 2025. This is based on dynamics after a halving of its cycle.

The firm claims that the April 2024 halving This has created the conditions for an increase in demand, and ETFs as well as digital assets are the fuel that will drive the trend upwards.

The chart below shows that Bitcoin’s price has been reverting to previous 4-year cycles.

Bitcoin cycle peaks have historically occurred between 365-550 days after the halving. It has now been 533 calendar days since Bitcoin’s halving. This puts it within the historic window of time for large rallies.

Saad Ahmad, Gemini APAC’s Head of 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.

The article is not intended to provide investment advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.