Quote from: macson on Today at 08:12:29 PM

Quote from: NeuroticFish on November 05, 2021, 09:10:00 AM

JPMorgan renews prediction that bitcoin could hit $146,000 - and says it's acting more like digital gold than ever

The guys have updated their predictions and I find the new value interestingly high. The new 146k has the potential imho to be the start of a new pump.
Would it be enough for some nice week-end speculation? Cheesy

I know that "JPMorgan said that for the $146,000 price to come true, bitcoin's huge volatility would have to fall sharply", but I don't think that the investors would care much about that detail.

we've seen a lot of influential people give their predictions about the price of bitcoin. i'm very sure the price of bitcoin will go to the price that jp morgan said and it will definitely happen in 2022, next year will be a big year for bitcoin.

I don't think so, because every market move takes place on a cyclic process. For now bitcoin have reached a good price. Further it needs corrective measures and gain stability for a bigger push. Bitcoin could reach new ATH if it was able to break the $64k resistance. If not it'll test the $60k zone and might fall as low as $55000.