JPMorgan Sees BTC at $165K

[bonk]

JPMorgan Chase highlights Bitcoin’s undervaluation vs. gold, suggesting BTC could hit $165,000 if capital rotates from precious metals.

The bank notes Bitcoin’s volatility-adjusted correlation to gold supports ETF-driven demand amid the Fed’s ongoing rate cuts.

[EmTeam]

That’s a bold call from JPMorgan. If it happens, we might witness another historic bull run.

[Rimon Khan]

Even conservative banks turning bullish on BTC shows how mainstream crypto has become.