JPMorgan Analysts Say Bitcoin Is Cheap Compared to Gold, Estimate $170K Fair Value

JPMorgan Analysts State Bitcoin Is Cheap Compared to Gold, Estimate $170K as Fair ValueA team of analysts led by JPMorgan strategist Nikolaos Panigirtzoglou said bitcoin is currently oversold relative to gold. Panigirtzoglou estimated bitcoin would need to rise above $170K to reach gold’s private-investor level of investment. JPMorgan Analysts: Bitcoin Oversold Compared to Gold, Fair Value Close to $170K The Facts Analysts from JPMorgan have estimated that bitcoin, […]

Source: https://news.bitcoin.com/jpmorgan-analysts-say-bitcoin-is-cheap-compared-to-gold-estimate-170k-fair-value/