JPMorgan Projects Bitcoin as Best Asset of Next Decade — $386K Bull Case
JPMorgan has for the first time issued a 10-year return projection for Bitcoin, calling it the best-performing asset class in their base case, with a bull case price of $386,000. Corporate BTC accumulation is already outpacing new issuance.
What we know
In a landmark shift, JPMorgan now expects Bitcoin to outperform every major asset class over the next 10 years — the first time the bank has issued such a projection. The bull case lands at $386K. Crypto commentators are celebrating the arc: as an account on X quotes Matt Hougan: 'First they ignore you, then they laugh at you… then they add you to their Long-Term Capital Markets Assumptions paper.' Supporting the structural thesis, data shows corporations are absorbing ~19K BTC per month while the network only issues ~13.5K, shrinking the available float consistently.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.