News · Yahoo Finance

Can Bitcoin Double in Value During the Next Crypto Bull Market?

Bitcoin is down 7% for the year at about $84,000, and analysts have been lowering their price targets. Citigroup's 12-month target of $113,000, issued in early October, implies a 35% gain but remains below the all-time high of $126,000 from October 2025 and far under the $200,000 target cited earlier this year. JPMorgan predicts 10% annualized growth over the next decade, well below the 37% compound annual growth rate from August 2017 to August 2026. At 10% a year for three years, Bitcoin would reach only $112,000, so it would not double or set a new record, and the article stresses that future growth, not past performance, is what matters.

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