Der Bankenriese JPMorgan Chase gibt eine massive Bitcoin-Preisprognose heraus und sagt, dass Top-Krypto-Assets im Vergleich zu Gold jetzt unterbewertet zu sein scheinen

tldr; JPMorgan Chase strategist Nikolaos Panigirtzoglou states that Bitcoin appears undervalued after its October pullback, dropping over 20% to $99,000 from a peak of $126,000 due to futures market deleveraging. With leverage levels normalized, Bitcoin is considered cheap compared to gold on a volatility-adjusted basis. To match gold’s private investment value, Bitcoin would need to rise by two-thirds to $170,000. The strategist suggests Bitcoin’s near-term outlook is stable following the futures market reset.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

are the article’s author trying to feed us with hopium? 

So many big companies are posting these ridiculous articles to try and get retail to buy as they sell. Don’t fall for it and be their exit liquidity

Putting over $300 million of their own money on that bet surely makes them seem convinced.

I specifically remember headlines like this on December 2017 and November 2021.