As Bitcoin (BTC) hovers around the $90,000 level amid a volatile year-end, industry experts have issued varied price outlooks for the asset heading into the new year.
Indeed, experts have offered mixed views, with some suggesting the asset is likely to surpass a record high above $150,000. This comes as Bitcoin appears set to end the year below the crucial $100,000 level.
Bitcoin YTD price chart. Source: Finbold
As of press time, the maiden cryptocurrency was trading at $87,815, up about 0.1% over the past 24 hours but down more than 6% year-to-date. Below are some notable price projections for the year ahead.
JPMorgan
JPMorgan, one of Wall Street’s major players in cryptocurrency analysis, has forecast Bitcoin reaching $170,000 by 2026, positioning it as a serious contender to gold’s market dominance.
Analysts at the bank suggest this target could materialize if Bitcoin continues to trade like “digital gold,” with institutional inflows increasingly challenging go
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