Bitcoin● Neutral

JPMorgan's Long-Term Model Sees Bitcoin at $385,000 in Bull Case

TradingGain Newsroom·11d ago·20 Oct 2026, 20:30 UTC

JPMorgan has modeled bitcoin reaching $385,000 in a 10-year bull case, based on a report page shared by Matt Hougan. The bank still stops short of allocating to bitcoin, and CEO Jamie Dimon has criticized the asset. Traders may see the gap between the bullish model and the bank's cautious stance as a signal to weigh carefully.

BTCAt the time of writing, Bitcoin traded at $82,760 (+0.85% in 24h).Live price →

Why it matters

The bull case reaches $385,000 under 10-to-15-year assumptions.
JPMorgan stops short of a bitcoin allocation despite the bullish long-term model.
Jamie Dimon's criticism of bitcoin sits alongside the bank's upbeat scenario.

What to watch next

Watch for any change in JPMorgan's stance on a bitcoin allocation and for further public comments from Jamie Dimon.

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This brief is written by TradingGain from public reporting by CryptoSlate.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.