JPMorgan’s Theoretical Bitcoin ($BTC) Price Target Sits at $150,000

Strategists at JPMorgan Chase led by Nikolaos Panigirtzoglou have revealed they see Bitcoin’s current “fair value” at around $38,000, roughly 12% below its current price, while their theoretical BTC price target is at $150,000. According to Bloomberg, the strategists calculated the cryptocurrency’s fair value based on its volatility. They got to the $38,000 mark as […]