JP Morgan readjusts long-term BTC price prediction to $150k, but ‘fair-value’ is set at.

Financial services giant JP Morgan Chase has once again upped its long-term price prediction for Bitcoin, even as its analysts don’t view short-term fundamentals to be working in its favor. In a recent investor note, the bank’s analysts estimated Bitcoin’s “fair-value” to currently be $38,000, which is almost 12% lesser than its current market price […]