[JPMorgan Predicts Bitcoin's Theoretical Price to Approach $170,000 in the Next 6-12 Months] JPMorgan analysts stated that despite the recent sharp decline in Bitcoin's price, its theoretical price in the next 6 to 12 months will approach $170,000. Analysts pointed out that Strategy is a key driver for Bitcoin, and the company holds a $1.4 billion reserve fund to buffer the risk of selling Bitcoin. They also mentioned that MSCI's January 15 index decision is an asymmetric catalyst.