JP Morgan analysts say bitcoin's most probable price outcome is to never hit 100k as it is terribly overpriced.  JPMorgan Chase & Co. strategists recently released a report where they mention that Bitcoins's price is overpriced and for it to hit the 100k mark it would need to have volatility decreased. They point out that Bitcoin is now being traded above 60k but the true price for Bitcoin should be $35k.

What do you guys think about this?

 

It was the one of the first crypto currencies invented doesn’t  mean it’s the best, it’s all speculation and hype which is pushing the price up. Jp Morgan are right overpriced outdated coin with high fees , useless for micropayments etc.