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JPMORGAN Bitcoin Price Prediction Released (How Much?) - Top Bitcoin News Videos
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Top bitcoin news videos today - Investment banking giant JPMorgan has called a long-term bitcoin price target of over $146,000 based on the assumption that the cryptocurrency will grow in popularity as an alternative to gold, Bloomberg reports.
“A crowding out of gold as an ‘alternative’ currency implies big upside for bitcoin over the long term,” strategists led by Nikolaos Panigirtzoglou wrote in a note on Monday. “Bitcoin’s [current] market capitalization of around $575 billion would have to rise by 4.6 times – for a theoretical bitcoin price of $146,000 – to match the total private sector investment in gold via exchange-traded funds or bars and coins.”
JPMORGAN Bitcoin Price Prediction Released (How Much?)
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I'm The Naughty Investor and thanks for watching !
#bitcoin #BTC
...
https://www.youtube.com/watch?v=ENHjHEEwOOQ
Top bitcoin news videos today - Investment banking giant JPMorgan has called a long-term bitcoin price target of over $146,000 based on the assumption that the cryptocurrency will grow in popularity as an alternative to gold, Bloomberg reports.
“A crowding out of gold as an ‘alternative’ currency implies big upside for bitcoin over the long term,” strategists led by Nikolaos Panigirtzoglou wrote in a note on Monday. “Bitcoin’s [current] market capitalization of around $575 billion would have to rise by 4.6 times – for a theoretical bitcoin price of $146,000 – to match the total private sector investment in gold via exchange-traded funds or bars and coins.”
JPMORGAN Bitcoin Price Prediction Released (How Much?)
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[disclosure]
This is not investment advice. All investments have risks. I am not responsible for any financial losses or gains you have made in investments. This content is for entertainment and educational purposes only. Not financial advice.
I'm The Naughty Investor and thanks for watching !
#bitcoin #BTC
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