According to the JPmorgan, this has to happen so that Bitcoin reaches $ 45,000 this year

Von Krypto News Österreich

Sollte Bitcoin anfangen, der Preisentwicklung und Anlagestruktur von Gold mehr zu ähneln, könnte sein Preis laut einer Mitteilung der Analysten von JPMorgan auf 45.000 US-Dollar steigen. Allerdings glaubt die multinationale Investmentbank, dass es einen großen Haken gibt. Die Performance von Bitcoin seit Jahresbeginn war ziemlich beeindruckend, da der Vermögenswert nach einem turbulenten Jahr 2022 mit unter 17.000 US-Dollar in das Jahr 2023 startete. In den ersten Wochen des neuen Jahres durchbrach er jedoch dieses Niveau und schoss in den folgenden Monaten sprunghaft auf über 30.000 US-Dollar. Trotz des anschließenden Rückgangs auf sein aktuelles Niveau von rund 27.000 US-Dollar wird BTC …
If Bitcoin starts to resemble the price development and investment structure of gold more, its price could increase to $ 45,000, according to a statement by JPMorgan's analysts. However, the multinational investment bank believes that there is a big catch. Bitcoin's performance since the beginning of the year was quite impressive because the asset after a turbulent year 2022 started with less than $ 17,000. In the first weeks of the new year, however, he broke through this level and in the following months he shot down to over $ 30,000. Despite the subsequent decline to its current level of around $ 27,000, BTC is ... (Symbolbild/KNAT)

should Bitcoin start to resemble the price development and investment structure of gold more, its price could increase to $ 45,000, according to a statement by JPMorgan analysts.

However, the multinational investment bank believes that there is a big catch.

  • The performance of Bitcoin since the beginning of the year was quite impressive because the asset after a turbulent year 2022 started with less than $ 17,000 in 2023. In the first few weeks of the new year, however, he broke this level and in the following months he slapped over $ 30,000.
  • Despite the subsequent decline to its current level of around $ 27,000, BTC is still 60 % higher than at the beginning of 2023.
  • The analysts of JPmorgan assume that the cryptocurrency could soon increase by another 75 %. In order to achieve this, however, Bitcoin must be accepted as a similar investment tool as gold, for which many Maxis have pleaded in recent years.

"Investors are currently considering gold for investment purposes outside the central banks worth around $ 3 trillion, which corresponds to a price of $ 45,000 compared to Bitcoin." This forecast is based on the assumption that the value of Bitcoin in relation to risk capital or volume will correspond to that of gold in the portfolios of private investors, ”says the message.

  • The precious metal has also been on the upper aus since the beginning of the year, albeit to be more moderate. At the beginning of 2023, the price was around $ 1,830/ounce and jumped to over $ 2,000 in early May. Since then, however, the price has dropped to $ 1,950/OZ, which means that it has increased by about 6.2 % since the beginning of the year.
  • The strategists of JPM also outlined the upcoming halving in 2024, which could be another factor that drives a price increase for BTC.

"Bitcoin's production costs acted as an effective minimum limit. Earlier halder events in 2016 and 2020 triggered an increase in Bitcoin prices, which won dynamics after the halving event."

  • The popular Ki-Chatbot-Chatgpt-recently told us his thoughts on the fourth halving, which is planned for 2024.

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