Suche
Mein Konto
JPMorgan: Bitcoin Undervalued Compared to Gold – Record Low Volatility and Rising Wall Street Inflows Could Push BTC to $126,000.
Bitcoin: Undervalued Compared to Gold JPMorgan recently stated that Bitcoin is currently undervalued compared to gold. This assessment comes at a time when Bitcoin volatility is at a record low. Investment bank analysts argue that the stability of the Bitcoin market coupled with the current price level of around $110,000 points to...
JPMorgan: Bitcoin Undervalued Compared to Gold – Record Low Volatility and Rising Wall Street Inflows Could Push BTC to $126,000.
Bitcoin: Undervalued Compared to Gold
JPMorgan recently stated that Bitcoin is currently undervalued compared to gold. This assessment comes at a time when Bitcoin volatility is at a record low. Investment bank analysts argue that the stability of the Bitcoin market combined with the current price level of around $110,000 suggests that Bitcoin could aim for a price target of $126,000.
The reduced volatility could be an indicator of increasing interest from institutional investors, which should have a positive impact on price developments. A surge in Wall Street investment in the Bitcoin market could provide additional boost to the digital asset.
Overall, JPMorgan's analysis shows that Bitcoin is viewed not only as a digital currency, but also as a serious investment alternative compared to traditional assets such as gold. Investors should closely monitor developments in the Bitcoin market, especially given the potential price increases and changing market conditions.