JPMorgan Experts Forecast Bitcoin Soaring to $165K — What It Means for Investors

Bitcoin continues its impressive rally, gaining over 13% in just a week and approaching new all-time highs. Market forecasts from leading Wall Street and international financial institutions indicate that Bitcoin could reach unprecedented levels by the end of 2025, driven by sustained ETF inflows, improving macroeconomic conditions, and broader institutional adoption. As traders and investors analyze these projections, the cryptocurrency’s path remains closely watched amid broader crypto market trends and evolving regulations.

Wall Street analysts forecast Bitcoin reaching between $133,000 and $200,000 by 2025.

Inflows into Bitcoin ETFs and strong gold correlation are viewed as key drivers of future price gains.

Major financial institutions see bullish potential, with some predicting Bitcoin could nearly double recent highs.

Concerns about macroeconomic risks and overbought signals in gold suggest a cautious outlook for traditional assets.

Bitcoin (BTC) has surged by more than 13% over the past week, inching closer to its historic high of approximately $124,500. Analysts believe the digital asset is on track to reach new record levels by the end of 2025, fueled by increasing institutional interest and macroeconomic factors that favor crypto investments.

Citigroup predicts a $133,000 target for Bitcoin in 2025

Citigroup projects Bitcoin to close 2025 at around $133,000, representing an 8.75% upside from current levels near $122,350. The bank’s outlook emphasizes steady growth supported by robust inflows into spot Bitcoin ETFs and increasing digital asset treasury allocations. Currently, U.S.-based Bitcoin ETFs manage over $163.5 billion, with an expected infusion of roughly $7.5 billion before year-end, maintaining strong demand momentum.

However, Citi’s bearish forecast warns of a potential dip to around $83,000 if recessionary pressure intensifies and investor risk appetite diminishes.

JPMorgan sees Bitcoin climbing to $165,000 in 2025

JPMorgan strategists contend that Bitcoin remains undervalued compared to gold when factoring in volatility. Their analysis highlights that the Bitcoin-to-gold volatility ratio has fallen below 2.0, indicating Bitcoin absorbs nearly twice as much risk as gold. To match the roughly $6 trillion in private gold holdings, Bitcoin’s market cap would need to increase by approximately 42%, pushing its price toward $165,000.

Bitcoin and gold’s volume-adjusted comparison. Source: JPMorgan Chase

While gold has gained about 48% this year — its best since 1979 — its relative strength index (RSI) nears levels last seen ahead of multiyear corrections, suggesting a possible slowdown in gold’s rally.

JPMorgan’s outlook is further reinforced by Bitcoin’s recent lagging correlation with gold, indicating a potential rotation of capital into crypto assets as macroeconomic conditions favor risk-on investments.

Standard Chartered envisions a $200,000 Bitcoin by year-end

Leading the optimistic camp, Standard Chartered predicts Bitcoin could reach as high as $200,000 by December. The bank cites consistent ETF inflows averaging over $500 million weekly as a primary factor that could elevate Bitcoin’s market cap close to $4 trillion. If sustained, these inflows might trigger a parabolic rally akin to the historic 2020–2021 bull run, driven by rising institutional adoption and favorable liquidity conditions.

US Bitcoin ETF Weekly Net Flows Chart. Source: Glassnode

Such a scenario is viewed as a “structural uptrend,” supported by a mix of declining U.S. dollar strength and rising global liquidity, rather than a short-term speculative surge.

VanEck projects a $180,000 target for Bitcoin in 2025

VanEck believes Bitcoin could reach roughly $180,000, citing the cyclical effects of the upcoming halving event. The firm notes that recent halving cycles tend to culminate between 365 and 550 days afterward, and with over 533 days since the last halving, conditions are ripe for a significant rally. The post-halving supply squeeze, paired with increasing ETF demand and treasury accumulation, underpins their bullish outlook.

Bitcoin price performance since halving. Source: Glassnode

Analysts observe that Bitcoin’s cyclical peaks typically occur within this window, reinforcing their bullish forecast. However, some experts suggest that Bitcoin’s four-year cycle remains emotion-driven and may extend beyond current expectations, potentially into 2026.

This multitude of forecasts underscores a shared optimistic outlook for Bitcoin’s future value, bolstered by institutional flows, macroeconomic tailwinds, and halving cycle dynamics. Nevertheless, traders should remain cautious amid overbought signals in traditional assets like gold and evolving global risks. As the crypto markets continue to evolve, Bitcoin’s trajectory remains a focal point for investors worldwide, driving renewed interest and debate about its long-term potential.

This article was originally published as JPMorgan Experts Forecast Bitcoin Soaring to $165K — What It Means for Investors on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.