Post
Topic
Board Speculation
Re: JP Morgan: bitcoin could hit $146,000
by
Novita
on 20/11/2021, 19:51:39 UTC
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.
I think the predictions of several experts including JP Morgan who predict the price of bitcoin to break through $146,000 will most likely happen next year. Moreover, the price of bitcoin is strengthening significantly. In fact, in this year the price has twice broken all-time highs.
Bitcoin has reached new ATH twice this year, indeed the opportunity for Bitcoin to reach that price is very wide open, but on the other hand for now it is impossible for bitcoin to reach that price, even though bitcoin is currently in a good trend, and I'm not sure that will happen this year, considering that $146,000 is not the best price for bitcoin right now and it is very difficult to reach that number.