Financial firms release Bitcoin return forecasts for next decade

Major banks and investment firms have published long-term forecasts for Bitcoin this week. JP Morgan expects Bitcoin to return around 10% per year over the next ten years. That is higher than its forecast for US stocks at 7.5% or gold at 5.5%. Fidelity analyst Jurrien Timmer also predicted Bitcoin would grow faster than gold. Despite these positive forecasts, JP Morgan has not added Bitcoin to its recommended portfolios. The reason is volatility. Bitcoin's price can swing by 55% in a single year, which makes it too risky for standard investment plans. JP Morgan also warned that in a bad scenario, Bitcoin could lose 11.2% annually. Its forecasts assumed a Bitcoin price of $83,000 at the end of September 2026.