Optimistic Forecast For Bitcoin From JPMorgan

Banking giant JPMorgan stated that the value of Bitcoin is below what it should be and made optimistic forecasts for the cryptocurrency markets.

Optimistic forecast for Bitcoin from US-based Banking giant JPMorgan. American investment bank and financial services holding company JPMorgan, headquartered in New York, made evaluations about the fluctuation in the cryptocurrency markets. Stating that Bitcoin should be positioned around $38 thousand at the moment, the banking giant drew a positive picture for the Bitcoin-led cryptocurrency markets. In the report prepared by the bank's analysts, it was emphasized that cryptocurrency investment is preferred over real estate investment. On the other hand, the bank's head of global markets, Troy Rohrbaugh, stated in March that he would act together with customers when it comes to crypto.