JPMorgan analysts predict $165K Bitcoin 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.

BitcoinBTC( has increased by 13% within the past week and is moving towards its new record 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. It implies a modest increase of 8.75% from 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.

On Saturday, the total Bitcoin ETFs in US managed more than $163.50 BTC. Citi expects new ETF investments to be around $7.5 billion at the year’s end, sustaining 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 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.

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 yearly relative strength index (RSI) The XAU/USD has climbed up to a reading of nearly 89. This is its highest overbought level 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 In the next few months,

Standard Chartered takes the lead with a $200,000 bet

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

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

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. 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 four-year cycle is not the only way that it could be extended. “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 a final decision.