JPMorgan analysts predict $165K bitcoin price

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 its new record 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 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 by robust inflows from spot exchange-traded funds (ETFs) The following are some examples of how to get started: 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 expects new ETF investments to be around $7.5 billion at the year’s end, helping sustain demand.

Citi’s bear scenario, however, puts Bitcoin at as low as $83000 if the recessionary pressures increase and the risk sentiment declines.

JPMorgan analyst: Bitcoin will reach $165,000 by 2025

Even after adjusting for volatility, Bitcoin still remains below gold. according The team is led by Nikolaos Paniagrtzoglou, managing director of JPMorgan Chase.

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 market cap of $2.3 trillion would have to rise by 42%.

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) 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 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 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 $180,000 in 2020 to $180,000 2025.

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.

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. Since the halving on Saturday, 533 days have passed. That puts Bitcoin firmly in the window historically for major rallies.

Saad Ahmed is the head of Gemini 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. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.