The majority expect the Bitcoin Prize to reach $ 60,000 or more this year-featured

The global investment bank JPMorgan asked its customers what, in their opinion, will be the price of Bitcoin until the end of the year. Among the bank's customers who have answered, 55 %expect the Bitcoin price to end the year at $ 60,000 or higher.

What the customers of JPmorgan expect from the price of Bitcoin to the end of the year

jpmorgan has carried out a survey among its customers, as you expect the Bitcoin price by the end of the year. The global investment bank published the results at the beginning of this week. The survey was carried out between December 13 and January 7th as part of a wider macroeconomic view for 2022. 47 The JPmorgan customers took part in the survey.

About 41 % of the bank customers who answered, Bitcoin expect the year to end around $ 60,000. 23 % expect a price of $ 20,000, while 20 % of $ 40,000.

Besides, 9 % believe that the price of bitcoin $ 80, think that it could be $ 100,000 or more $ 10,000 or less.

nikolaos Panigirtzoglou, a strategist by JPmorgan and author of the research note that contained the survey commented:

I'm not surprised by Bitcoins Baisse ... Our Bitcoin position indicator based on Bitcoin Futures looks oversized.

he added that the fair value of the cryptocurrency is between 35,000 and $ 73,000, depending on what investors accept about the volatility ratio compared to gold.

At the time of writing this article, the price of Bitcoin is $ 43,291 based on data from Bitcoin.com Markets.

recently, the President of El Salvador, Nayib Bukele, predicted that the price of Bitcoin will reach $ 100,000 by the end of the year. The global investment bank Goldman Sachs also sees the 100,000 dollar brand for bitcoin as an option. The crypto loan platform nexo, on the other hand, expects the price bitcoin to reach $ 100,000 in the middle of this year.

What is your Bitcoin price forecast? Let us know in the comment area below.

Kevin Helms

As a student of Austrian economics, Kevin Bitcoin discovered in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the interface between economy and cryptography.

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