JP Morgan: Bitcoin's theoretical price will approach $170,000 in the next 6-12 months
2025-12-05 13:17:45
Despite the recent sharp drop in bitcoin prices, Wall Street bank JPMorgan is sticking to its prediction that the theoretical price of bitcoin will approach $170,000 in the next six to twelve months. Analysts at JPMorgan point to Strategy as a key driver of bitcoin, with a $1.40 billion reserve fund to cushion the risk of selling bitcoin, and point to MSCI's January 15 index decision as an asymmetric catalyst.
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