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Market Cap:
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Cryptocurrencies: 23845
Bitcoin Bitcoin Share: 57.82%
Markets: 99556
Coinnounce
2022-02-10 07:54:54

Strategists at JPMorgan believe bitcoin could reach $150,000 in the long term.

Strategists at JPMorgan believe bitcoin could reach $150,000 in the long term.

According to JPMorgan Chase strategists led by Nikolaos Panigirtzoglou, Bitcoin’s “fair value” should be 12% lower than its actual price. In their opinion, the cryptocurrency is currently overpriced, and its fair value should be around $38,000. According to the Bloomberg report, the mentioned figure is based on the premise that bitcoin is around four times […]

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