Post
Topic
Board Speculation
Re: JP Morgan: bitcoin could hit $146,000
by
NeuroticFish
on 02/12/2021, 18:50:57 UTC
It is funny that we are discussing two articles here, one published on November 3rd and the other one on November 4th, significantly contradicting each other. They literally say that the fair value of Bitcoin should be around $35,000 while one day before they talk about the $146,000 price target. Going for a fair value assessment for Bitcoin is doubtful anyway, but that discrepancy is funny to say the least. It is not like they corrected their price target by 10% or so. Cheesy The good thing is we all have been around for a while and we know that JP Morgan changes their mind every couple of days.

Indeed, that's why I thought they want to attempt a week-end pump back then.
For somebody knowing both their statements it clearly shows that they are more confused than ever.
Changing their mind for profit is one thing; changing the statements like this is funny, stupid and make them lose any credibility (in case they still had any).
However, it's old story by now  Cheesy