Price Prediction
JPMorgan Predicts Bitcoin Returns
JPMorgan Asset Management has included bitcoin in its long-term capital-market assumptions for the first time, predicting a 10% annual compounded return over the next 10 to 15 years, surpassing US large-cap stocks, REITs, and gold. The bank's analysts caution about bitcoin's extreme volatility and unstable correlations with other assets, which hinder its inclusion in main covariance matrices. The 10% return estimate is intended for strategic portfolio planning and is not a price target or allocation recommendation.