JPMorgan predicts Bitcoin will surge to $170,000 by 2026: Volatility model reveals the reasoning behind the riseOn November 7, 2025, JPMorgan released a new research report stating that, based on a volatility-adjusted comparison model between Bitcoin and gold, Bitcoin's price could reach approximately $170,000 within the next 6 to 12 months.
The bank's analysis team, led by Managing Director Nikolaos Panigirtzoglou, noted that the deleveraging in the perpetual futures market has essentially concluded, and the volatility ratio of Bitcoin relative to gold has decreased to 1.8 times. Currently, with a market capitalization of $2.1 trillion, Bitcoin would need to increase by 67% to match gold's $6.2 trillion in private investment. Although Bitcoin is currently trading around $103,000, this authoritative forecast provides a boost of confidence to a market that experienced a significant correction in October.
MarketWhisper·11-06 15:25