JPMorgan: Bitcoin could reach heights of $146,000, but not just yet


Looking for Side Income? Have you heard of Affiliate Marketing? You obviously have a working Computer and Wi-Fi to get started. Click here to Register for FREE Training from one of the Best Super Affiliates out there

As cryptocurrencies become increasingly mainstream, JPMorgan believes that Bitcoin could rise to a high of $146,000 per coin in the future.

In a new note, strategists from the investment banking company led by Nikolas Panigirtzoglou shared their thoughts on how Bitcoin could compete with gold as an asset class. However, in order to do so, Bitcoin’s market capitalization of around $575bn would need to rise by more than four times.



Source link

Related Posts