Bitcoin Price Prediction: JP Morgan Ups the Ante, Predicts BTC Long Term Value Of $150K

Strategists at Wall Street investment bank JPMorgan feel that Bitcoin is overpriced, and its actual value is much less than its present value. According to JPMorgan Chase strategists led by Nikolaos Panigirtzoglou, Bitcoin’s “fair value” must be 12% lower than its current value, and it should be around $38,000.