JPMorgan says BTC’s ‘fair price’ is $35K... but it still expects crypto to ‘outp

[Tnoy30]

Investment bank strategists say that BTC could climb as high as $73,000 if markets remain frothy. American multinational investment bank JPMorgan has put a price on Bitcoin (BTC), and it is a lot less than the asset currently trades for.

In a report to investors as part of the bank’s inaugural outlook focused on alternative investments, strategists stated that alternative assets, which include cryptocurrencies, “should continue to outperform into 2022.”
Source: JPMorgan says BTC’s ‘fair price’ is $35K... but it still expects crypto to ‘outperform’