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() is gaining momentum and has risen by more than 13% over the last seven days. It’s now on its way to reach 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 around 133,000 dollars in 2025, setting a brand new high. 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 drivers that it believes will drive Bitcoin to its next high are the following.

All US Bitcoin ETFs managed over $163.50 BTC as of Saturday. 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 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, meaning Bitcoin has about 1,85 times as much risk capital as 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.

According to the annual relative strength index (RSI) The XAU/USD has climbed up to nearly 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 view also includes a constant stream of inflows into spot ETFs. Federal Reserve continues its rate-cutting cycle In the next few months,

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 adoptionAlongside a weakening US Dollar and an improving global 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, according to post-halving dynamics.

The firm claims that the 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.

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” You will. “very likely continue in some form” into 2026.

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.