Originally published at: https://www.channel-sea.cc/jpmorgan-predicts-long-term-bitcoin-price-of-150k-outlines-challenges-ahead-bitcoin-com-news/
Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going forward is its volatility and the boom and bust cycles that hinder further institutional adoption,” JPMorgan’s analysts explained. JPMorgan’s Bitcoin Price Prediction Global investment…