One of the largest banks in the world, US JPMorgan Chase, said that Bitcoin is lower than it should be, and its reasonable price is 28% higher.
of JPMorgan 25 May In a report they prepared on As they stated, he announced that it was $ 38,000.
JPMorgan analysts led by Nikolaos Panigirtzoglou that the price is low, upwards from these levels He thinks he’s starting to act.
According to JPMorgan, the decline in the cryptocurrency market; rising inflation, interest rates, the tension between Ukraine and Russia and the collapse of Terra. stated that it was due.
In addition, bank analysts are concerned about these successive events. bitcoin falling more than it should He said what he was thinking.
In addition, the bank stated in a report published on February 8 that the fair value of Bitcoin 50 thousand dollars He had suggested that it could rise as much as 146 thousand from dollars 150 thousand dollars He said he took it out.