JPMorgan Forecasts Bitcoin Rally to $170K After Futures Stabilize

TLDR JPMorgan predicts Bitcoin could climb to $170,000 within the next 6 to 12 months. The bank says the worst selling pressure in the perpetual futures market has ended. Analysts believe the stabilization marks a shift from correction to accumulation. The projection is based on a model comparing Bitcoin’s risk-adjusted value to gold. JPMorgan estimates [...]

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