JPMorgan expects Bitcoin to reach $165,000 before the end of 2025, driven by increased investment flows from individual investors. The bank asserts that the BTC remains undervalued compared to gold, opening up vast prospects for growth.
The bank explained that comparing Bitcoin’s total market capitalization, which currently stands at approximately $2.3 trillion, with the approximately $6 trillion invested in gold through bullion, currencies, and index funds, demonstrates the significant opportunities available to Bitcoin to enhance its position in investors’ portfolios.
The report indicated that Bitcoin’s market value would need to increase by approximately $1 trillion, or 42%, to approach the size of individual investments in gold, reflecting the currency’s projected price of $165,000.
The bank also explained that Bitcoin’s valuation has shifted from being overvalued at approximately $36,000 at the end of 2024 to being undervalued at approximately $46,000, with a fair value estimate of $160,000, indicating a significant potential for price increases in the coming period, according to The Block.
The bank’s analysts confirmed that Bitcoin has shown less volatility compared to previous years, making it more similar in investment behavior to gold, with the potential for greater profits if it reaches expected levels.
