JPMorgan models Bitcoin reaching $385,000 in 10-year bull case despite CEO Jamie Dimon’s criticism
A report page shared by @Matt_Hougan shows the 10-to-15-year assumptions, while the firm stops short of a bitcoin allocation. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
JPMorgan published a long-horizon model with a 10-to-15-year bull case that values Bitcoin at $385,000, according to a report page shared by Matt Hougan. The bank stops short of recommending a bitcoin allocation, and CEO Jamie Dimon's continued criticism contrasts with the bullish modeling. A $385,000 target from a major Wall Street bank is a strong institutional validation signal that could support sentiment, though the absence of an actual allocation recommendation and the long timeframe limit near-term price impact.
