JPMorgan Dey See Bitcoin Price Go Up Reach $165K By End-2025
JPMorgan wahala dem say Bitcoin price still dey undervalue compared to gold, dem talk say e fit rally reach $165,000 by end for 2025. Dem talk say institutional demand still dey steady and ETF dey flow well: Spot Bitcoin ETFs bring $3.53 billion for September, while gold ETFs dey collect weekly net inflows from $1.8 billion to $4.2 billion since late August. Because Bitcoin volatility index versus gold don drop under 2, the report talk say Bitcoin fit gather almost two times the risk capital of gold. To match $6 billion private gold investment, Bitcoin market cap go need jump 42%, wey go make the $165K target strong well well. Analysts talk say Bitcoin good as digital store of value but warn say market volatility, regulatory changes, and macroeconomic shifts fit affect how fast and how far the price rally go be.
Bullish
De report forecast dem an de underlying metrics dem dey show say e go get bullish impact. For short term, record ETF inflows for spot Bitcoin funds fit increase buying pressure an reduce selling, weh go support higher price dem. Bitcoin own falling volatility index compared to gold an de story of undervaluation fit attract fresh capital, weh go add to di upward momentum. For long term, positioning Bitcoin as digital store of value alongside gold an de potential reallocation of risk capital dey favor sustained growth. But traders suppose dey watch for regulatory changes an macroeconomic shifts weh fit cause volatility.