Coinnounce
2021-01-05 06:45:31

JPMorgan analysts predict bitcoin might go on to hit $146,000 this year.

Strategists at the leading U.S. bank JPMorgan have been crunching the numbers and comparing Bitcoin to the traditional store of value assets such as gold. Led by Nikolaos Panigirtzoglou, the analysts suggested that Bitcoin’s current market capitalization of around $580 billion would have to rise by 4.6 times to create a theoretical price of $146,000. […]

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