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JPMorgan predicts: Bitcoin price will go to at least $ 140,000
JPMorgan Chase is gaining more and more confidence in the future of bitcoin. The large US bank is even raising its expectations for the current bull run. According to Zerohedge, the bank is anticipating a price above $ 140,000 per bitcoin.
Not long ago, Jamie Dimon, chairman and CEO of the bank, thought very differently about bitcoin than now. In 2017, he found BTC yet another scam talking to CNBC.
Today, the bank is busy with various tests. According to Yahoo Finance, the Americans are even experimenting with cryptocurrencies.
The list of bitcoin addresses with more than 1000 bitcoins continues to grow. The list that the gentlemen of Glassnode has renamed the bitcoin rich list is growing considerably along with the price.
This week, the so-called list came out the lists at 2237 addresses with more than 1000 bitcoin. Which indicates that whales are slowly starting to amass more bitcoin.
The growth of the rich list to 2237 addresses means an increase of 5.6% from the beginning of the year.
There is a shortage in the Bitcoin market because payment giants PayPal and Square eagerly buy fresh Bitcoin.
This can be read in the newsletter of Pantera Capital, a well-known asset manager in the market.
They report a steep increase in trade volume just after PayPal announced that it would start buying Bitcoin. The company has over 300 million registered accounts. Each customer may buy up to $ 20,000 per week of Bitcoin.
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Disclaimer: Bitcoin Magazine NL does not offer financial advice. The articles are intended for educational purposes.
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