JPMorgan's latest report shows that Bitcoin's six-month volatility has dropped from 60% to a historic low of 30%, significantly undervalued compared to gold.



The current BTC volatility is only twice that of gold, setting a record for the smallest gap in history. After adjusting for volatility, BTC needs to rise by 13% to about $126,000 to match gold's $5 trillion scale.

More importantly, the demand for corporate capital allocation has surged, with enterprises currently holding 6% of the circulating supply of BTC, similar to central banks stabilizing the bond market. As indices are incorporated and institutional capital accelerates its entry, this structural change is reshaping the market landscape.

According to the Massage Root Big Pass model, BTC is currently undervalued by about $16,000. This is not only a technical correction but also a value reassessment brought about by an increase in institutional adoption.

#BTC # institutions adopt #value re-evaluation
BTC1.09%
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