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.

• 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 last 7 days, 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 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.

On Saturday, the total Bitcoin ETFs in US managed more than $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 recessionary pressures increase and risk sentiment declines.

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.

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 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 risen 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 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 The next months will be very busy.

Standard Chartered takes the lead with a bold $200 000 call

Standard Chartered is the most confident amongst major banks in predicting 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 per coin by 2025. This is based on the dynamics of the post-halving cycles.

The company argues that 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. 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.