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JPMorgan has been applauded by crypto investors for including Bitcoin for the first time in its very long-term predictions report, forecasting returns that exceed those expected from traditional assets. The mere inclusion of Bitcoin in JPMorgan's traditional Long-Term Capital Market Assumptions report for 2027 has sparked celebration within the crypto industry.

Even more thrilling, the bank's predictions for the next 10-15 years foresee an annual expected return of 10% for Bitcoin, significantly surpassing the estimated returns for two traditional reference assets, the U.S. variable income and gold. JPMorgan expects an annual return of 7.5% for the S&P 500, encompassing the largest U.S. capitalization companies.

The bank's long-term outlook opens the door for Bitcoin, dubbed "digital gold," to almost double the returns estimated for gold. However, JPMorgan analysts warn investors about volatility, projecting a staggering return of 16.6% for the base scenario and a potential drop of 11.2% in the pessimistic scenario. While the analysts' optimistic perspectives on Bitcoin in their base scenario are accompanied by several messages questioning the qualities attributed to the leading cryptocurrency, JPMorgan prioritizes the speculative profile of Bitcoin, labeling it as an asset primarily for speculation and a hedge against monetary easing in its report.