JPMorgan's Bold Bitcoin Forecast: 10% Returns Ahead of Stocks and Gold, with High Volatility Warning

10/21/2026

J.P. Morgan Asset Management's first bitcoin forecast projects a 10% annual return, above its 7.5% for U.S. large caps and 5.5% for gold.

10/20/2026

JPMorgan's Bitcoin forecast models a 10% annual compounded return, but 55% volatility keeps it outside the bank's main allocation models.

10/20/2026

JPMorgan Asset Management projects Bitcoin could return 10% annually over the next 10–15 years, ahead of U.S. stocks and gold, but warns of sharp price swings.

10/20/2026

J.P. Morgan Asset Management’s 2027 Long-Term Capital Market Assumptions project a 10% annual return for Bitcoin over 10 to 15 years, though the firm isn’t adding it to its main portfolio models.

10/20/2026

JPM has made one of its most notable long-term BTC calls to date.