Post
Topic
Board Bitcoin Discussion
Re: JP Morgan believes Bitcoin is Overpriced
by
NeuroticFish
on 05/11/2021, 09:02:57 UTC
Update  Grin Cheesy The JP Morgan analysts have changed their minds. The new target is 146k  Cheesy Grin
JPMorgan renews prediction that bitcoin could hit $146,000 - and says it's acting more like digital gold than ever

Quote
The US's biggest bank has renewed its prediction that bitcoin could surge to $146,000 in the long term, if volatility subsides and institutions start preferring it to gold in their portfolios. That's roughly 130% above Wednesday's price of $63,160.

Since there's nothing to compare it with, Bitcoin price can actually go anywhere. It's fun to see them hype it though  Cheesy



OP, your "100k is overpriced" story no longer stands. I advise you add an update to the first post and then lock the topic.