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$BTC #BTCVSGOLD Bitcoin (BTC) could rise to around $170,000 over the next six to twelve months. This projection is based on a volatility-adjusted valuation model comparing Bitcoin to gold, highlighting strong upside potential. The outlook reinforces Bitcoinâs growing role as a competing store of value, increasingly challenging goldâs dominance as an inflation hedge. Market Snapshot (Nov 8âDec 8, 2025) Bitcoin (BTC): PKR 25,664,879.83 (+11.01%) Gold: $4,243 (+5.82%) Valuation Model Explained JPMorganâs price target comes from its long-standing framework that ties Bitcoinâs fair value to the size of goldâs private investment market. The model assumes Bitcoin will continue to capture a larger share of capital traditionally allocated to gold, driving higher valuations as adoption grows. $BTC #BTC ---
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