JPMorgan analysts predict $165k BTC price

The key 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() is gaining momentum and has risen by more than 13% over the last seven days. It’s now on its way to hitting a record of $124,500.

According to leading Wall Street financial institutions and UK financial institutions, Bitcoin will reach record highs by 2025.

Citigroup believes BTC will 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.

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, which will help maintain 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

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.

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 counterpartThe stock is currently up 48% for the year, which puts it on course to have its best performance ever.

The yearly relative strength index (RSI) The XAU/USD has climbed up to its highest reading in 2012, nearly 89.

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 view also assumes steady spot ETF flows as the market continues to grow. Federal Reserve continues its rate-cutting cycle The next months will be very busy.

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” It is more than just a speculative short-term 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 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 retracing the previous 4-year cycle since its halving.

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.

This article contains no investment recommendations or advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making any kind of decision.