US giant bank JPMorgan made important statements about the crypto money market in its new report published today. The bank said that its target of $ 72,000 for Bitcoin continues. Along with this, he also explained the ‘fair’ value of Bitcoin.
The giant bank JPMorgan, based in the United States, which has an abstention from cryptocurrencies, has come to the fore with the statements it has made so far. Although the company closely follows the crypto money market, and especially Bitcoin, the CEO of the company, Jamie Dimon, said in a statement about 5 months ago that he gave investors Bitcoin and similar currencies. to stay away had recommended. The CEO added that these coins have no value at all.
In a statement made today, the bank announced the ‘fair’ value of Bitcoin, which was traded at around 63 thousand dollars at the time of writing this article. In the report it published, the company said ‘for Bitcoin’fair value’ It’s 35 thousand dollars stated. On the other hand, he made a statement that will both delight crypto money investors and not meet their expectations.
Bitcoin may reach its target of $100,000 in 2022:
In the same report, JPMorgan for Bitcoin $73k price target He said he continued to appear as a viable target. However, he said the opposite of what many strategists expected, adding that they do not believe that Bitcoin will rise in price very quickly. In addition, unless there is a big drop in Bitcoin, It can reach its target of 100 thousand dollars in 2022. expressed.
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Finally, the company announced that cryptocurrencies are expected to outperform other investment vehicles in 2022. However, this value increase in 2022 it will be a bumpy road told. It was stated that the sharp fluctuations experienced also reduced the attraction on the crypto side.
Source :
https://www.haberturk.com/jpmorgan-bitcoin-in-adil-degerini-acikladi-3241070-ekonomi