JPMorgan Expects Bitcoin Price to Drop to $42K After Halving | Crypto | Bitcoin | Blockchain
JPMorgan Expects Bitcoin Price to Drop to $42K After Halving
JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after April.” The bank also recently stated that the bitcoin halving and the next major Ethereum upgrade are “largely priced in.”
