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JPMorgan (JPM) Predicts BTCUSD to Soar to $126K on Institutional Demand | The Block | Login to see the signal | |
The Daily: US govt posts macro data onchain, Kanye West’s token crash leaves 50K wallets in the red, JPMorgan says bitcoin price is ‘too low,’ and moreSummaryJPMorgan says bitcoin is undervalued and forecasts a $126,000 fair value by year-end amid lower volatility and rising institutional holdings; onchain macro data rollout and Solana upgrade present catalysts while leverage, whale activity and upcoming PCE add short-term risk. |
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