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.

• Many agree that Bitcoin ETFs inflows, and the gold correlation could propel BTC to record heights.

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 the year 2025.

Citigroup expects BTC to reach $133,000

Citigroup expects Bitcoin will end the year 2025 around $133,000 and set a record. 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) The following are some examples of how to get started: digital asset treasury allocationsThe key structural factors that it believes will drive Bitcoin to its next high are:

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 case, on the other hand, places Bitcoin’s value as low at $83,000 in the event that 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.

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 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.

However, the annual relative strength index (RSI) For the XAU/USD, it has climbed up to almost 89. Its most overbought value 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 view also includes a constant stream of inflows into spot ETFs. Federal Reserve continues its rate-cutting cycle The next months will be very busy.

Standard Chartered makes a $200,000 bold 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’s analysts present the $200,000 situation as a “structural uptrend” It is more than just a short term speculative rally.

VanEck predicts Bitcoin to reach $180,000 by 2025

Asset manager VanEck projects Bitcoin may reach $180,000 in 2025 due to post-halving dynamics.

The firm claims that the April 2024 halving The demand for ETFs and digital assets treasuries will fuel the upward trend in the future.

As shown below, Bitcoin’s recent performance mirrors previous cycles of four years.

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

The information in this article does not constitute investment advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.