Bitcoin Price Prediction: JP Morgan Ups the Ante, Predicts BTC Long Term Value Of $150K

Published by
Bitcoin Price Prediction: JP Morgan Ups the Ante, Predicts BTC Long Term Value Of $150K

Strategists at Wall Street investment bank JPMorgan feel that Bitcoin is overpriced, and its actual value is much less than its present value. According to JPMorgan Chase strategists led by Nikolaos Panigirtzoglou, Bitcoin’s “fair value” must be 12% lower than its current value, and it should be around $38,000.

JP Morgan has based this calculation because BTC is four times more volatile than gold. If the volatility is tapered down to three times, the fair value price would increase to around $50,000, stated the strategists.

Advertisement

JP Morgan predicts long term BTC long term price at 150K

Experts feel that the biggest challenge for BTC from further institutional adoption is its extreme volatility and the boom and bust cycles.

Even more interesting is the revision by JPMorgan of the long-term predictions for BTC. Strategists had earlier predicted the long-term values of BTC as $146,000, but they have upped this to a new forecast of $150,000.

If BTC reaches this level, it will peg it at par with all gold held privately for investment purposes.

The analysts also added that the tanking of values in January could not be equated with the events in May 2021. Last month, Bitcoin prices declined by 22%, from almost $47K to around $36.5K.

It is ironic that despite the bearish climate, Major Wall Street banks are advising investors about investing in crypto-assets and predicting the prices. Yet, when reports last came in, Bitcoin was changing hands for $43,900 with little change over the past 24 hours.

BTC is facing a solid resistance at present price levels, although the prices have surged by 18% over the past week. If BTC can break this resistance level, it can slip past 47K. However, if it fails, it can fall to support at $41.5K.

Advertisement

Share
victoria

Victoria is a Nigerian journalist and entrepreneur with a background in Communications. She's interested in writing about Cryptocurrency, Blockchain and Humans. She owns a tad bit of BTC and ETH and her favorite thing to do is sit by the ocean listening to Beyoncé.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Senators Reaffirm Commitment to Market Structure Bill After Meeting with Coinbase, Ripple

Senate Democrats and Republican lawmakers have ended separate roundtable meetings focused on the Crypto Market…

October 23, 2025
  • News

How the Crypto Market Could React to the Next Fed Meeting on October 29?

The crypto market has, for a while now, been pricing a potential 25 basis points…

October 23, 2025
  • News

$1.68 Trillion T. Rowe Price Files for First Active Crypto ETF Holding BTC, ETH, SOL, and XRP

Rowe Price has filed for its first actively managed crypto exchange-traded fund (ETF). It is…

October 22, 2025
  • News

Standard Chartered Predicts Bitcoin Could Drop Below $100K Amid U.S.–China Trade Tensions

Standard Chartered analyst Geoff Kendrick has predicted that the Bitcoin price could suffer a significant…

October 22, 2025
  • News

Rising Demand for Verifiable Crypto Ownership Drives Launch of Trezor Safe 7

Crypto ownership is a topic that has been discussed across major forums globally in the…

October 22, 2025
  • News

Robinhood Lists Binance Coin as BNB Outperforms BTC, ETH, SOL YTD By Over 30%

Crypto exchange Robinhood has listed the Binance coin for spot trading for its U.S. customers.…

October 22, 2025