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 bounced by over 13% in the past seven days and is inching toward its record high of $124,500.

Top Wall Street and UK Financial Institutions predict that Bitcoin could reach new records by 2025.

Citigroup expects BTC to reach $133,000

Citigroup expects Bitcoin could end up at $133,000 by 2025, a record-breaking price. 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) 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 assets in US ETFs was $163.50 BTC. 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 analyst: Bitcoin will reach $165,000 by 2025

Even after adjusting for volatility, Bitcoin still remains below 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.

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 viewed in many ways. Bitcoin’s traditional macro counterpartIt is on pace to achieve its best-ever annual performance.

The annual 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 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 takes the lead with a bold $200 000 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” It is more than just a short-term rally.

VanEck expects Bitcoin to rise from $18,000 in 2025 to $180,000.

Asset manager VanEck projects Bitcoin may reach $180,000 in 2025 based on post-halving 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.

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

In the past, Bitcoin’s cycle peak has occurred between 365 to 550 days following a half-off. It has now been 533 calendar days since Bitcoin’s halving. This puts it within the historic window of time for large 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. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.