JP Morgan analysts say bitcoin's most probable price outcome is to never hit 100k as it is terribly overpriced.
Where is the article, if that link you posted above is what you used for this, then you can read the quote below which I got from the article in the link you posted above.
Take bitcoin, an asset the JPMorgan team views as a competing investment for gold. With the coin’s volatility roughly four times that of the precious metal, the firm’s model puts its fair value at around $35,000. Should the relative volatility get halved into next year, then a price target of $73,000 “seems reasonable,” the strategists said. The coin traded Tuesday as high as roughly $64,300.
“This challenges the idea that a price target of $100k or above, which appears to be the current consensus for 2022, is a sustainable bitcoin target in the absence of a significant decline in bitcoin volatility,” the strategists wrote. “Digital assets are on a multiyear structural ascent, but the current entry point looks unattractive.”