Bitcoin Price May Reach $146,000 Over Long Term, Says JP Morgan
While Bitcoin’s volatility and speculative mania might push its price higher than $100,000, such levels “would prove unsustainable,” said JPMorgan’s strategists.
In brief
▪️Bitcoin's price can reach $146,000 or above—but it will take some time, said JPMorgan's strategists.
▪️At this price, Bitcoin will match private investments in gold.
▪️While the levels of $50,000–$100,000 are possible, they are likely "unsustainable," the experts noted.
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