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JPMorgan sees Bitcoin reaching $385,500 in long-term bull case

JPMorgan sees Bitcoin reaching $385,500 in long-term bull case

Photo: The Currency Analytics

Community Trust Score Verified 86 % Real Verified 29 votes Updated 5 hours ago J.P. Morgan Asset Management has projected that Bitcoin could potentially climb to a price of $385,500 within a 10-year bull case scenario, according to the details found in the firm’s 2027 Long-Term Capital Market Assumptions which were released on Oct. 19. While the bullish outlook is aggressive, the base case scenario models a more moderate price of $215,300, whereas a bearish scenario envisions the asset declining further to $25,300.

Source: The Currency Analytics

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