$4 Trillion JPMorgan Calls Bitcoin Undervalued — Says Fair Price Is $165,000

Banking Giant Pegs Bitcoin at $165K Fair Value - Wall Street Pit

JPMorgan Chase & Co. (JPM) assesses Bitcoin as undervalued by 33% at its current price of $123,385, projecting a fair value target of $165,000 by year-end, driven by a narrowing volatility gap with gold. The bitcoin-to-gold volatility ratio has dropped below 2.0, implying Bitcoin consumes 1.85 times more risk capital…

JPMorgan, Citi see Bitcoin Q4 boom: Here are their price targets – DG Verifications & Stats

Many major banks anticipate that Bitcoin will rise to as high as $200,000 by year-end, driven by record ETF inflows and capital rotation from gold markets. Market Analysis Key takeaways: Wall Street’s year-end Bitcoin forecasts range from $133,000 to as high as $200,000. Most agree that persistent Bitcoin ETF inflows and gold correlation may shoot BTC to new record highs. Bitcoin (BTC) has bounced by over 13% in the past seven days and is inch…

$4 Trillion JPMorgan Calls Bitcoin Undervalued — Says Fair Price Is $165,000

Analysts at the $4 trillion banking giant now place a fair value target for the cryptocurrency at $165,000 by the end of the year.