JUST IN: JPMorgan says Bitcoin is undervalued vs gold and could rise to $165K.
With BTC's volatility ratio to gold now below 2.0, JPM estimates its market cap would need to jump ~42% to match gold on a vol-adjusted basis, implying "significant upside."
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GateUser-bd883c58
· 3h ago
Oh, did the big company finally change its tune?
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AirdropHermit
· 3h ago
Well, big banks are starting to be bullish too.
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DeFiCaffeinator
· 3h ago
The financial bro is bullish, right? Hehe
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AirdropLicker
· 3h ago
falling and stumbling will surely To da moon
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ContractFreelancer
· 3h ago
Morgan Stanley actually said something sensible this time.
JUST IN: JPMorgan says Bitcoin is undervalued vs gold and could rise to $165K.
With BTC's volatility ratio to gold now below 2.0, JPM estimates its market cap would need to jump ~42% to match gold on a vol-adjusted basis, implying "significant upside."