J.P. Morgan Sees Bitcoin as Top Asset to 2036 With Long-Term Return Targets
J.P. Morgan has published its first-ever Bitcoin price forecast in a long-term capital market report. The bank projects Bitcoin as the top asset through 2036, with base and bull case return targets. For traders, a major bank backing Bitcoin's long-term outlook may draw attention to the asset.
Why it matters
- J.P. Morgan is a major bank, so its first Bitcoin forecast carries weight with investors.
- The report names Bitcoin as the top asset through 2036.
- It sets a 10% base case and a 16% bull case for long-term returns.
What to watch next
Watch whether other large banks publish similar long-term Bitcoin forecasts and how the price reacts to the J.P. Morgan report.
