- •JPMorgan sees BTC reaching $165K by 2025.
- •Analysts compare Bitcoin’s value to gold.
- •ETF inflows are a key driver of this prediction.
In a bold and bullish forecast, JPMorgan analysts have predicted that Bitcoin could reach $165,000 by the end of 2025. This projection is based on the digital asset’s increasing legitimacy as a store of value, particularly when compared to gold, and a growing wave of inflows into Bitcoin spot ETFs.
The banking giant’s research team argues that Bitcoin is still undervalued compared to gold, especially in terms of investor adoption and market capitalization. As Bitcoin continues to mature, JPMorgan expects it to capture a greater share of capital that traditionally flows into gold.
ETF Inflows Fueling the Fire
A major factor behind this Bitcoin price prediction for 2025 is the steady and rising demand from institutional investors via spot Bitcoin ETFs. Since regulatory approvals earlier this year, ETFs have opened the floodgates for traditional investors, offering them a secure and regulated way to gain exposure to BTC.
According to JPMorgan, continued inflows into these funds could significantly push Bitcoin’s price higher over the next 12–18 months, helping it close the valuation gap with gold.
BULLISH: JPMorgan analysts predict Bitcoin could reach $165,000 by the end of 2025, citing its undervaluation compared to gold and rising ETF inflows. pic.twitter.com/KueJgodJSf
— Cointelegraph (@Cointelegraph) October 4, 2025
A Bullish Outlook for Long-Term Holders
This forecast is not just market hype—it reflects a deeper trend in how Bitcoin is being perceived in financial circles. JPMorgan’s stance indicates growing confidence among traditional institutions in Bitcoin’s long-term value and resilience.
While price predictions should always be taken with caution, the fact that one of the world’s largest financial institutions is projecting $165,000 Bitcoin by 2025 adds weight to the bullish sentiment in the market.