Bitcoin is no longer discussed only by cryptocurrency traders and retail bulls. Some of the world’s largest banks are now giving major cryptocurrencies six-figure targets, which could changes in wall street We’re looking at Bitcoin’s next cycle. Major banks including Citi, JPMorgan, Goldman Sachs, Standard Chartered, and TD Cowen are all pointing to a future in which BTC prices trade well above current levels, with several predictions centered around $140,000 to $200,000.
6-Digit Predictions for Banking and Bitcoin
Not long ago, the words “scam” and “Ponzi scheme” were the most popular descriptions of Bitcoin on Wall Street. The same institutions that are now projecting six-figure price targets have spent years trying to get investors out of the assets entirely. The most interesting BTC price prediction is from Citi. city I expected the base case. For BTC it is at $143,000 and the bull case is at $189,000. This prediction is tied to stronger institutional demand and the idea that Bitcoin may continue to absorb capital through ETFs.
JPMorgan’s outlook is equally optimistic, with the bank’s analysts pointing to a $170,000 scenario based on Bitcoin’s valuation relative to gold. According to the bank’s model, there is still room for BTC to close the gap with gold as a store of value asset, especially if ETF demand continues.
Goldman Sachs emphasized the perspective as a scenario, and the numbers are also noteworthy. Goldman’s Digital Assets Team Sees Potential In order to access Bitcoin $200,000 in 2026.
Standard Chartered has taken the longest view of the group. The bank revised its 2026 year-end target to around $100,000, citing lower purchases by digital asset treasury companies and slowing ETF inflows. However, Standard Chartered still maintains a long-term forecast of $500,000 by 2030. TD Cowen rounds out the group with a goal of $140,000, the lowest prediction of the group.
Bank’s Bitcoin price prediction. Source: @CryptoPatel On X
Are the big banks moving to BTC?
The contrast between Wall Street’s past posture and current research findings is interesting. This is especially the case at JPMorgan. In September 2017, when Bitcoin was trading at $4,200, JPMorgan CEO Jamie Dimon called cryptocurrency At an investor meeting, he compared the fraud to tulip bulbs and said he would be fired immediately if the transactions were discovered.
But things are different now. According to the report JPMorgan Chase & Co. is in the process of offering cryptocurrency trading services to institutional clients. Goldman Sachs also disclosed in a regulatory filing that it owns about $1 billion worth of Bitcoin, along with CEO David Solomon. Also check it He personally owns a small amount of assets.
Citi, Morgan Stanley, JPMorgan, Goldman Sachs Everyone announced new news Bitcoin-related products from the past three months, including storage, trading, ETF reporting, and direct purchases. Banks that once called BTC a fraud are now modeling a path to $200,000. According to Crypto analyst Crypto Patel says that’s not adoption. That is surrender.
Featured image created with Dall.E, chart from Tradingview.com
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