JPMorgan Says Bitcoin is Undervalued Relative to Gold, Sets Target of $126k
The Bitcoin price is undervalued relative to gold, analysts at JPMorgan, a top-tier financial holding company with around $4 trillion in assets under management (AUM), told investors in a note on Thursday. According to JPMorgan analysts, led by Nikolaos Panigirtzoglou, the Bitcoin price may rise by 13% to reach a target of $126,000, matching gold’s
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