We initiate our coverage for Bitcoin, and project a 12-month price target of USD180,000
Bitcoin, originally launched in 2009, has transformed into the unrivaled titan of decentralized finance, commanding a USD2.3 trillion market capitalization. It has captured 59% of the USD3.9 trillion cryptocurrency market as of September 2025. Against gold’s USD26 trillion market cap (23% of USD115T world GDP), Bitcoin’s 2% GDP share signals explosive growth potential.
Propelled by the Genius Act, global stablecoin dominance, corporate treasury surges, and Bitcoin’s digital supremacy over gold, BTC’s 78% return in one year cements its role as the ultimate store of value, inflation hedge, and portfolio cornerstone.
We project a 12-month price target of USD180,000 using a blend of models and financial ratios, and forecast a long-term USD10mln–USD25mln range by 2050, with BTC capturing 10–20% of USD200T world GDP.
Inside this investment insight
- Macroeconomic and technical factors driving Bitcoin pricing
- Multi-factor valuation framework with forecast through 2050
- Regulatory catalysts supporting Bitcoin adoption
- Strategic recommendations for portfolio allocation and risk management
Read this investment insight for our price rating on Bitcoin and understand why it is the asset to own for investment.
