Bitcoin price forecast 2029 from JPMorgan's latest outlook puts a fair value at around $140,000, factoring in digital gold status and supply-demand equilibrium. "This is led by unprecedented Bitcoin demand ($190Bn AUM in 2025E vs. $60Bn today) via ETFs run by the world's leading asset managers, and Bitcoin supply being constrained," Bernstein said. The price of Bitcoin is influenced by several key factors: Market sentiment for Bitcoin price forecast 2029 remains optimistic, with Glassnode data showing rising dormant wallet activity, potentially signaling long-term holder confidence above $100K levels.
