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Outlook – JPMorgan Sees BTC’s Long-Term Target at $266,000, Gaining Appeal vs Gold
Hey friends, even in this bloodbath, big institutions stay bullish long-term. JPMorgan just reiterated: Bitcoin could hit $266,000 over the long haul, especially as it looks more attractive than gold right now.
Why? Gold crushed it in 2025 (up 60%+ on central bank buying/safe-haven flows), while BTC struggled into 2026 with higher volatility. But JPM sees BTC's lower relative vol (maturing asset), digital properties, and institutional adoption making it a better store-of-value play ahead. Gold outperformed short-term, but BTC's upside potential vs gold's maturity gives it edge for big targets.
$266k feels ambitious after this dip, but if fear flips to greed and macros improve, why not? BTC as "digital gold 2.0" narrative reviving? You buying the long-term story or waiting for more proof? What's your BTC price target for end-2026 or beyond? Share! 💰 #GateSquareDaily #BTC #BitcoinOutlook