841: JPMORGAN INCREASES LONG-TERM BITCOIN PRICE PREDICTION TO $150K!! BLACKROCK TO OFFER CRYPTO TRADING!!

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Bitcoin News Alerts

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3.6 • 626 Ratings

🗓️ 10 February 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

JPMorgan has increased its long-term Bitcoin price prediction. A year ago, the strategists suggested the long-term price for the king Crypto was $146,000, but they have upped this to a new prediction of $150,000. They did not provide a definition or time scale of “long term,” however. The new BTC price prediction is a level that would put the Bitcoin total market value on par with that of all gold held privately for investment purposes, they added. Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:59.8	In today's show, Exchange Stablecoin Reserves hits $27 billion as the Bitcoin price rises
1:05.2	towards 50K as fair value, as Leah points out here.
1:09.7	J.P Morgan says the current fair value of Bitcoin is
1:12.3	$38,000. They are fudding to get cheap bitcoins. And Willie Wu responded, I put it at $50,000,
1:18.5	would love to see their models, assuming they have any. And as Max Kaiser shares, J.P. Morgan
1:23.6	missed the first $50,000 move in Bitcoin, despite me personally lobbying Jamie Diamond when it was under $10.
	...

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