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JPMorgan Adjusts Its Bitcoin Target to $130,000, Predicting Strong Institutional Adoption

JPMorgan Adjusts Its Bitcoin Target to $130,000, Predicting Strong Institutional Adoption



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  1. tldr; JPMorgan estimates that Bitcoin could reach $130,000 in the long-term if it were to match the total private sector investment of gold. The bank sees “big upside” for Bitcoin if it continues to crowd out the yellow metal. However, it could take several years before there a convergence in volatilities between the two assets.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. Get ready for the big grab.

    Uncle Sam wants *you* to *not* buy BTC, sell the BTC you do have. We want to keep the finite BTC “safe” in an unaudited place, and we want ripe freshly minted Bitcoin too.

    Hold your ass

    They are coming for it

    They know it’s the *shit*

  3. 3 months ago they came out and said $146K. The $100K was a pure “Spread FUD so we can buy in” nonsense in the first place. And they’re only say $130K now so they can raise it to $146K next and act like they’re actually doing real analysis and not conducting a PR campaign.

  4. 200-300K at the end of this bull run (september) since we have not really seen that parabolic phase this run yet. Above 1 million in 2025 as bitcoin will continue to follow the stock to flow model as it has for its entire existence.

  5. So does that mean 130k is the all time high for this bullrun year or squeeze some sucker in around that price to boost it to 150k potentially and then institutions take profit ?

  6. Seriously, don’t listen to JPM! They are evil manipulative snakes. One day they talk bad about crypto while secretely buying some, the next day, the do the opposite. You cannot trust them. No matter if pro or against cryptos.

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