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A team of analysts led by JPMorgan strategist Nikolaos Panigirtzoglou said bitcoin is currently oversold relative to gold. Panigirtzoglou estimated bitcoin would need to rise above $170K to reach gold’s private-investor level of investment. JPMorgan Analysts: Bitcoin Oversold Compared to Gold, Fair Value Close to $170K The Facts Analysts from JPMorgan have estimated that bitcoin, […]
Article Source: news.bitcoin.com
The post JPMorgan Analysts Say Bitcoin Is Cheap Compared to Gold, Estimate $170K Fair Value appeared first on Crypto Adventure.
