JPMorgan Shares End of 2022 Forecasts For Bitcoin

JPMorgan, the world’s largest bank, regularly shares important statements about cryptocurrencies. Stating that the rise in the crypto money markets was unrealistic and ‘foaming’ in the past months, the bank later announced that the ‘fair value’ of Bitcoin was 35 thousand dollars, and in the following days, ‘Ethereum or Bitcoin?’ had answered the question.

On the JPMorgan front, there has been an important development regarding cryptocurrencies today. for customers organizer of a survey With the survey, JPMorgan revealed the general expectation in the cryptocurrency market. According to this survey 41% of respondents believe that Bitcoin will complete the year 2022 at around $60,000. waiting. on the other hand only 5%expects Bitcoin to rise to $100,000.

It was previously announced that it could rise to $ 146 thousand in the long term.

The survey, which was attended by 47 customers between December 13 and January 7, fits some predictions about the cryptocurrency market, which has been fluctuating for a long time, while it does not. That’s how big the cryptocurrency market is right now. it is unexpected and it shows that it is difficult to predict the future in the market.

In a report published in November, JP Morgan included details that made investors smile. In the long run, the bank is worried if Bitcoin starts to replace gold in the corporate portfolio. It could rise to $146,000. He also stated that the levels of 73 dollars in 2022 are reasonable. Goldman Sachs also announced that if gold takes the market share, Bitcoin will see 100 thousand dollars in 2022.