JPM Says Bitcoin Undervalued vs. Gold, Highlights "Significant Upside" to $165k

[fullfitlarry]

https://x.com/matthew_sigel/status/1973710595267457515

Some breathe of fresh air from JP Morgan.

Do you agree with their research? Or as average joe, as we don't need to be a that well versed in numbers that there are still a lot of leg room for the price of Bitcoin to hit between $150k-$180k in this bull-run removing into the account the steep rise of gold itself?

[Charles-Tim]

The only reason I think bitcoin is undervalued is not because of it being in comparison with gold but because of the percentage number of people that have bought it. Only 4% of the world popular have bought bitcoin. Although, not everyone will buy bitcoin or like it but this percentage will still increase.

[Dunamisx]

They may be the one that undervalued bitcoin, because it has always been increasing in value right form time, i cant deny this fact that gold is well performing and making all time high, because bitcoin is also doing same at the pace of its own volatility and market demand and supply, which have all contributed to how fast its adoption rate is and we are going more bullish to something more bigger than $124,000 all time high soon.

[Synchronice]

Do you agree with their research? Or as average joe, as we don't need to be a that well versed in numbers that there are still a lot of leg room for the price of Bitcoin to hit between $150k-$180k in this bull-run removing into the account the steep rise of gold itself?

I agree with that statement. Bitcoin is not a gold but in other words, it really is a digital gold. Digitalization is inevitable, so, everyone oriented on a better future should be focused on that. That is the reason why Bitcoin has a room for exponential growth. I believe deep in my heart that there will come time when the price of one Bitcoin will be one million dollars. It won't happen today or tomorrow but in 20-30 years, it will definitely happen. If anyone wants to invest into the future, Bitcoin is the best option. It might not grow as exponentially and as rapidly as it did before but it's definitely a very safe, steady currency for long-term financial profit.

[melinoe]

Price is going to rise anyways, we shouldn't look for a specific number - 150k, 200k, or 500k - we will get there eventually if the adoption continues.

[notocactus]

Some breathe of fresh air from JP Morgan.

Do you agree with their research? Or as average joe, as we don't need to be a that well versed in numbers that there are still a lot of leg room for the price of Bitcoin to hit between $150k-$180k in this bull-run removing into the account the steep rise of gold itself?

Since when we started to believe in JPM about Bitcoin and their bullish prediction on Bitcoin specifically?
JP Morgan Chase are participating in 5 categories of cryptocurrency. Jamie lies!
Their CEO tried to fud Bitcoin many years but you can see what his company JP Morgan did in the above table, and in 2024, you had these products from JPM.

From their past activities, can you trust their opinion about Bitcoin?

Lastly, all predictions are wrong as no models work accurately all the times.

[Churchillvv]

The only reason I think bitcoin is undervalued is not because of it being in comparison with gold but because of the percentage number of people that have bought it. Only 4% of the world popular have bought bitcoin. Although, not everyone will buy bitcoin or like it but this percentage will still increase.

For individuals 4% is very small and that is good reason to say bitcoin has not gotten to a good height/undervalued but if we consider how much companies and institutions have involved with the fact that not everyone will like bitcoin or own it that is also a reason to say that bitcoin is really far gone but not on the individual level, its not really under valued in terms of price like 120k dollars is no joke, some people survive below that on a year on the US so it far gone and is not undervalued either.

[Hazink]

Price is going to rise anyways, we shouldn't look for a specific number - 150k, 200k, or 500k - we will get there eventually if the adoption continues.

Bitcoin will for sure increase in value, no doubt. With the kind of interest already in play, we expect the price to go higher before the end of the year. Even if we don't see the $150k this year, there are still a lot of potential months ahead for that to happen. On the basis of the prediction, which is what can push the market cap of Bitcoin to soar high to reach institutional investors' capital, the gold Bitcoin price needs to go high for such to happen.

[Phoenix Anka]

The only reason I think bitcoin is undervalued is not because of it being in comparison with gold but because of the percentage number of people that have bought it. Only 4% of the world popular have bought bitcoin. Although, not everyone will buy bitcoin or like it but this percentage will still increase.

For individuals 4% is very small and that is good reason to say bitcoin has not gotten to a good height/undervalued but if we consider how much companies and institutions have involved with the fact that not everyone will like bitcoin or own it that is also a reason to say that bitcoin is really far gone but not on the individual level, its not really under valued in terms of price like 120k dollars is no joke, some people survive below that on a year on the US so it far gone and is not undervalued either.

It may not be undervalued now, but considering the future, these prices are still affordable in my opinion. Of course, I think it will hover around these prices until the next halving. I think we'll see the real surge after the next halving. Then, perhaps we'll regret not buying Bitcoin at $120,000.

[tread93]

https://x.com/matthew_sigel/status/1973710595267457515

Some breathe of fresh air from JP Morgan.

Do you agree with their research? Or as average joe, as we don't need to be a that well versed in numbers that there are still a lot of leg room for the price of Bitcoin to hit between $150k-$180k in this bull-run removing into the account the steep rise of gold itself?

JPM has manipulated the market so many times its insane lol. Its nice to see them put this high price target and call it undervalued though I think this will cause a lot of buying action from big firms

[Catenaccio]

JPM has manipulated the market so many times its insane lol. Its nice to see them put this high price target and call it undervalued though I think this will cause a lot of buying action from big firms

When people say many bullish words and predict higher and higher price for Bitcoin, it is time to think of Warren Buffet's famous advice.

"Be fearful when others are greedy and be greedy when others are fearful". Especially if you plan to be in the market only in this market cycle, try to make your gradual withdrawals in coming months as it will help you exit the market gradually and have different prices for taking profit.

Believe in to bullish prediction can cause you sticking in the market even you don't want to stay here for too long time.

[adaseb]

If you have been following Gold you would of agreed, Gold has been on a crazy rally and each day it keeps going higher and higher. Unlike a stock, Gold has a very high market cap, in the trillions so its not normal for it to rally this fast.

Same with many stocks. Tesla had a crazy week. And each indicies hit a new ATH today. So it only makes sense for Bitcoin to follow the lead. However we are on a slipperly slope because the economy isnt headed for the right direction. There is still inflation and we are cutting risks. will inflation sky rocket like in the past? Plus there are also tariffs which are making matters worse.

[₿itcoin]

https://x.com/matthew_sigel/status/1973710595267457515
Some breathe of fresh air from JP Morgan.
Do you agree with their research? Or as average joe, as we don't need to be a that well versed in numbers that there are still a lot of leg room for the price of Bitcoin to hit between $150k-$180k in this bull-run removing into the account the steep rise of gold itself?

Don’t blindly trust Wall Street models, they will say one thing now &  then say the exact opposite. Plus, they usually avoid big risks like regulation, tech outages and many more.. That said, Bitcoin still has room to go higher, meaning they dont have confident yet LoL ... The point is, hitting $150000 - $180000 this year wouldn't be too wild, if big investors & regular people keep pouring money in & fiat keeps losing value. otherwise  we will gradually achive that value over time without any doubt. Keep in mind,  Bitcoins real strength comes from its network &  fundamentals, not just a fancy financial model.

[Marvell1]

If you have been following Gold you would of agreed, Gold has been on a crazy rally and each day it keeps going higher and higher. Unlike a stock, Gold has a very high market cap, in the trillions so its not normal for it to rally this fast.

Same with many stocks. Tesla had a crazy week. And each indicies hit a new ATH today. So it only makes sense for Bitcoin to follow the lead. However we are on a slipperly slope because the economy isnt headed for the right direction. There is still inflation and we are cutting risks. will inflation sky rocket like in the past? Plus there are also tariffs which are making matters worse.

But as you said, the economy isn't headed for the right direction, the risks from tariffs and inflation are still there.

Not to mention, the de dollarization movement initiated by China is becoming stronger than ever. According to the IMF, Gold is about to surpass US Treasury bonds to become the number one reserve asset of global central banks. It can be seen that the sudden increase in gold price is not accidental, the demand for gold is very large. Therefore, the sudden increase in gold prices is not too difficult to understand and is not surprising.


Source: IMF

[Yaunfitda]

If you have been following Gold you would of agreed, Gold has been on a crazy rally and each day it keeps going higher and higher. Unlike a stock, Gold has a very high market cap, in the trillions so its not normal for it to rally this fast.

Same with many stocks. Tesla had a crazy week. And each indicies hit a new ATH today. So it only makes sense for Bitcoin to follow the lead. However we are on a slipperly slope because the economy isnt headed for the right direction. There is still inflation and we are cutting risks. will inflation sky rocket like in the past? Plus there are also tariffs which are making matters worse.

Yes, I have been following Gold and I just bought another jewelries necklace worth around $2k as a investment and I will say that it's a good one specially in the pandemic, gold is not that expensive and it has appreciate in the last 5 years or so. As for comparison with Bitcoin, or with the statement coming from JP Morgan, we all know that we have a target and that is around that number isn't it. Before the start of the year or at the start, most predictions fall in the $150k-$180k. So their analysis is not even new to us, it could be just a rehearse or it really align on what most of us is expecting in this bull cycle.

[Churchillvv]

For individuals 4% is very small and that is good reason to say bitcoin has not gotten to a good height/undervalued but if we consider how much companies and institutions have involved with the fact that not everyone will like bitcoin or own it that is also a reason to say that bitcoin is really far gone but not on the individual level, its not really under valued in terms of price like 120k dollars is no joke, some people survive below that on a year on the US so it far gone and is not undervalued either.

It may not be undervalued now, but considering the future, these prices are still affordable in my opinion. Of course, I think it will hover around these prices until the next halving. I think we'll see the real surge after the next halving. Then, perhaps we'll regret not buying Bitcoin at $120,000.

People regretted not buying at $100 till $60k last year and so we will still have people regretting not buying at $120k not because they couldn’t afford it but because they had personal reasons which are not really unquestionable but then does that mean that because they didn’t buy and won’t still buy make bitcoin undervalued no either because basically bitcoins is not meant for everyone, only those who will understand it will have it.

[bbc.reporter]

https://x.com/matthew_sigel/status/1973710595267457515

Some breathe of fresh air from JP Morgan.

Do you agree with their research? Or as average joe, as we don't need to be a that well versed in numbers that there are still a lot of leg room for the price of Bitcoin to hit between $150k-$180k in this bull-run removing into the account the steep rise of gold itself?

This Matthew Sigel should be so very much careful on creating these types of bullish predictions because his CEO, Jamie Dimon hates bitcoin very much and sir Jamie remove him from his position in the company hehehehe.

In any case, on his prediction, he might be correct because there will certainly be some investors who are investing in gold, who might see bitcoin as another asset similar to gold. They are presently being used as stores of value.

[JeffBrad12]

I agree to certain extent, I've seen the price of gold and honestly it's a bit too high and you know what, I just decided to buy bitcoin.
Although people say gold is the safest asset but the price can always dump historically speaking looking at price action so bitcoin is indeed more attractive these days.

When the fiat keeps losing its purchasing power, what else would you invest in beside gold? yes it's bitcoin. it's very liquid and can act as a hedge.

[pooya87]

Fraudulent and criminal organizations such as JP Morgan should be ignored (if not shut down) about all matters including bitcoin both when they say negative things about it like calling it fraud and when they seemingly talk positively about it talking about its price rise.

Is bitcoin undervalued? Definitely but not because some arbitrary ratio with gold. It is undervalued because the adoption has significantly grown but it is still not shown on the price. Bitcoin should already be heading toward $1 million not being stuck behind $120k resistance! This is partly due to fear, partly due to whales but mostly market manipulation. Don't forget that gold has no potential to replace anything, but bitcoin can make these big corrupt banks obsolete... enough said!

[justinlamode]

Fraudulent and criminal organizations such as JP Morgan should be ignored (if not shut down) about all matters including bitcoin both when they say negative things about it like calling it fraud and when they seemingly talk positively about it talking about its price rise.

Is bitcoin undervalued? Definitely but not because some arbitrary ratio with gold. It is undervalued because the adoption has significantly grown but it is still not shown on the price. Bitcoin should already be heading toward $1 million not being stuck behind $120k resistance! This is partly due to fear, partly due to whales but mostly market manipulation. Don't forget that gold has no potential to replace anything, but bitcoin can make these big corrupt banks obsolete... enough said!

Thank you for seeing them for who they are, each time they make statement about Bitcoin, it make me sick! Their level of inconsistency is nauseating, today they spread fud about Bitcoin, the next day they are all praises about Bitcoin, who really ask them for their opinion? In 2021, Jamie Dimon, the bank CEO called Bitcoin worthless and in 2024 he called it "hyped-up fraud" and openly told people not to invest in Bitcoin. Someone that was this vocal in spreading fud about Bitcoin does not have the moral justification to praise Bitcoin and you shouldn't expect me to take him seriously. What about the millions of people he would have mislead? She me where he admitted to being wrong let see some integrity from him.

Bitcoin is in a journey and will definitely crush all milestones in a matter of time. I'm even sick and tired of the comparison of Bitcoin to gold at every slight opportunity because those are different things and working on different models with one having limited supply and the other unlimited supply.