US EditionJPMorgan Predicts Bitcoin Could Reach $126,000 by 2025 - Blockchain & Cryptocurrencies Tabloid
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The bitcoin would currently be undervalued according to JPMorgan. In a note signed by analyst Nikolaos Panigirtzoglou, the US bank estimates that the BTC is expected to reach $126,000 by the end of the year, in view of its historically low volatility. As its risk-reward profile approaches that of gold, the bitcoin may be entering the most critical phase of its institutional adoption. It is a heavy projection of meaning for the major recipients o…
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