Top investment bank predicts Bitcoin to hit $188000 in the long term
One of the world’s largest investment banks has theorised that cryptocurrency Bitcoin could reach as high as US$146,000 ($188,430), but it won’t happen in 2021. In a research note, JPMorgan & Chase analysts claimed that as money from traditional gold investments flowed to Bitcoin, the two would compete for investment capital.
With Bitcoin as an alternative “safe haven” to gold, the analysts gave Bitcoin a long-term price scenario of US$146,000. But the crypto’s recent rally – which has seen it push to record highs – may still have some more legs before retreating.
“The valuation and position backdrop has become a lot more challenging for Bitcoin at the beginning of the New Year,” the research note states. “While we cannot exclude the possibility that the current speculative mania will propagate further pushing the Bitcoin price up toward the consensus region of between $50,000-$100,000, we believe that such price levels would prove unsustainable.”
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 90.8% | 9 | $27 055.66 | -0.39% | -0.48% | $524 669 725 967 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 90% | 5 | $1 894.98 | -0.35% | 2.42% | $227 844 872 746 |  |
|
| 3 |  USDT |
Tether predictions | 95.6% | 1 | $1.000174 | -0.02% | -0.02% | $83 166 973 934 |  |
|
| 4 |  BNB |
Binance Coin predictions | 91.2% | 3 | $306.07 | 0.02% | -0.90% | $47 702 595 499 |  |
|
| 5 |  USDC |
USD Coin predictions | 96% | 1 | $0.999825 | -0.02% | -0.03% | $28 899 378 488 |  |
|
| 6 |  XRP |
XRP predictions | 74.4% | 45 | $0.521971 | -0.71% | 10.46% | $27 135 704 360 |  |
|
| 7 |  ADA |
Cardano predictions | 90% | 5 | $0.379124 | 0.50% | 1.62% | $13 229 192 372 |  |
|
| 8 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 90% | 10 | $0.072640 | 0.31% | -0.21% | $10 142 142 620 |  |
|
| 10 |  SOL |
Solana predictions | 83.6% | 26 | $21.32 | 0.78% | 3.90% | $8 462 207 094 |  |
|
| 11 |  MATIC |
Polygon predictions | 85.6% | 24 | $0.900797 | 0.34% | -2.83% | $8 358 921 794 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 74.8% | 41 | $0.081746 | -1.70% | 5.86% | $8 311 630 709 |  |
|
| 13 |  TRX |
TRON predictions | 78.4% | 46 | $0.081857 | -1.78% | 5.79% | $7 382 911 123 |  |
|
| 14 |  LTC |
Litecoin predictions | 76.4% | 43 | $95.17 | 0.50% | 5.92% | $6 953 692 629 |  |
|
| 15 |  DOT |
Polkadot predictions | 92.4% | 7 | $5.34 | 1.42% | -0.72% | $6 356 795 655 |  |
