Whoa, a complete roundup of institutional Bitcoin price predictions! $85K BTC, Citi sees $113K, Bernstein sees $150K, JPMorgan's long-term model sees $266K, Bitwise sees $1.3M, VanEck sees $2.9M. Meanwhile, BlackRock is teaching institutions to allocate 1%-2%, Bank of America is opening up 1%-4%, and Morgan Stanley, Goldman Sachs, and Schwab have already set up direct purchase channels. Citi: Recently raised its 12-month target from $82K to $113K, with a bull market scenario exceeding $150K. The key drivers are renewed ETF inflows, along with advisors and brokerage clients continuing to increase allocations. Standard Chartered: $100K target by the end of 2026, $500K by 2030. They've significantly cut their previously aggressive targets, but the direction remains unchanged, believing ETFs will still be the main incremental buying force in the next phase. Bernstein: One of the most bullish among Wall Street institutions right now. $125K by the end of 2026, $150K by mid-2027, $300K by 2029. In a more aggressive scenario: $200K by 2027, $500K by 2029, and still holding onto the long-term prediction of $1M by 2033. JPMorgan: Revalued Bitcoin using gold as a benchmark this February, calculating a long-term theoretical price of about $266K. Previously, they had modeled a price of $170K for the next 6-12 months. The logic is simple: after gold's significant price increase, Bitcoin has become relatively cheaper compared to gold. As the risk weights of the two assets continue to converge in institutional portfolios, BTC still has substantial upside potential. Fidelity Global Macro Director Jurrien Timmer: After breaking $80K, confirming a double bottom, next target is $100K. His long-term power-law model continues to point to $300K by 2029. This is Timmer's personal model, not Fidelity's official target price. However, another report Fidelity released for institutions this year is more direct: The question institutions need to answer now is no longer "Why buy Bitcoin?" but "Why is your Bitcoin allocation still 0?" BlackRock: In August, BTC was down nearly 50% from its all-time high. After reassessing, BlackRock concluded: The long-term investment thesis remains intact, and a 1%-2% BTC allocation can still serve as a strategic diversification asset in traditional portfolios. In simple terms, even after a 50% drop, they're still teaching institutions how to allocate. Bank of America: Starting in 2026, Merrill Lynch and private banking wealth clients will be allowed to allocate 1%-4% to crypto and will officially cover Bitcoin ETFs from BlackRock, Fidelity, Bitwise, and Grayscale. Morgan Stanley launched its own Bitcoin ETP this year, Goldman Sachs applied for its own Bitcoin ETF product, and Charles Schwab has even started offering BTC and ETH spot trading. Bitwise CIO Matt Hougan: If 1% of the $100T-$200T global institutional assets flows into Bitcoin, BTC could reach $1.3M by 2035. VanEck: Baseline scenario sees $2.9M by 2050.