JPMorgan analysts predict $165K bitcoin price

The key takeaways:

• Wall Street has forecasted Bitcoin’s value at the end of year to be between $133,000 and $200,000.

• Many agree that Bitcoin ETFs inflows, and the gold correlation could propel BTC to record heights.

BitcoinBTC( has increased by 13% within the past week and is moving towards its all-time high of $124,500.

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

Citigroup believes BTC will reach $133,000

Citigroup expects Bitcoin will end the year 2025 around $133,000 and set a 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:

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 case, on the other hand, places Bitcoin’s value as low at $83,000 in the event that recessionary forces intensify and sentiments about risk decline.

JPMorgan Analysts: Bitcoin up to $165,000 in 2020

Even after adjusting for volatility, Bitcoin still remains below gold. according The team is led by Nikolaos Paniagrtzoglou, managing director of JPMorgan Chase.

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.

According to this ratio, Bitcoin’s $2.3 trillion current market capitalization needs to increase by approximately 42%. This would imply a BTC theoretical price of about $165,000 to match the estimated 6 trillion dollars in private gold held across ETFs and bars.

Gold can be a valuable commodity. Bitcoin’s traditional macro counterpartThe stock is currently up 48% for the year, which puts it on course to have its best performance ever.

The annual relative strength index (RSI) The XAU/USD has climbed up to almost 89. This is its highest reading 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 JPMorgan’s forecast for an end-of-year Bitcoin rally is further reinforced by the fact that capital has been moving away from gold in recent years.

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 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” Instead of a short term speculative rally.

VanEck predicts Bitcoin to reach $180,000 by 2025

Asset manager VanEck projects Bitcoin’s value could be around $180,000 by the year 2025 based on post-halving cycles dynamics.

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

As shown below, Bitcoin’s recent performance mirrors previous cycles of four years.

Bitcoin cycle peaks have historically occurred between 365-550 days after the halving. 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.

The article is not intended to provide investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making any kind of decision.