JPMorgan: Bitcoin Base Case Targets $215K in 10 Years

JPMorgan now expects Bitcoin to outperform every major asset class over the next 10 years in its base case, the first time the bank has issued a 10-year return projection on BTC, with the base case calling for 10% annual gains from $83,000 to roughly $215,000 while the bull case reaches $386,000.

That base case return exceeds projected 7.5% for US stocks, 5.6% for US bonds, 5.5% for gold and 9.8% for private equity.

Bitcoin trades at $81507.45 inside its Bollinger Bands on the 4-hour chart, capped by upper resistance at $82689.73 while lower support rests at $80897.61; the EMA50 at $82187.32 and EMA200 at $82037.94 both sit above price and confirm the bearish structure, reinforced by the MACD death cross at -103.07 even as RSI at 45.18 remains neutral.