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 up to $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.

Top Wall Street and UK Financial Institutions predict that Bitcoin could reach new records by 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.

In its base case, the banking giant projects steady growth backed by 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 ETF management in US was over $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 Analysts: Bitcoin up to $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.

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.

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

The annual relative strength index (RSI) The XAU/USD has risen to near 89. This is its highest reading 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 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 view also includes a constant stream of inflows into spot ETFs. 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’s analysts present the $200,000 situation 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 may reach $180,000 in 2025 based on 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 resembling 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 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.