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jpmorgan bitcoin prediction

JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead

JPMorgan Predicts Long-Term Bitcoin Price of 0K — Outlines Challenges AheadGlobal investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going forward is its volatility and the boom and bust cycles that hinder further institutional adoption,” JPMorgan’s analysts explained. JPMorgan’s Bitcoin Price Prediction Global investment […]

Bitcoin could still reach $1M as governments continue printing fiat — Arthur Hayes

JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures

JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in FuturesInvestment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional investors.” However, a number of people disagree with this […]

Bitcoin could still reach $1M as governments continue printing fiat — Arthur Hayes