JPMorgan Says This Is The ‘Fair Value’ Of Bitcoin: Why Analysts Say BTC Is Going 28% Higher

In a recent note, JPMorgan Chase & Co (NYSE: JPM) said that Bitcoin’s (CRYPTO: BTC) fair price is 28% higher than its current level.  What Happened: JPMorgan’s strategist Nikolaos Panigirtzoglou said in a note, “The past month’s crypto market correction looks more like capitulation relative to last January/February, and going forward, we see upside for Bitcoin and crypto markets more generally.