JPMorgan: Bitcoin is trading above fair value. What does this indicate?

2 years ago

EdgeAnalysis

Analysis by JPMorgan and Glassnode springiness contradictory just worth assessments. But successful some cases, the outlook is perchance bearish.

Samuel Wan Feb. 9, 2022 astatine 2:30 p.m. UTC 2 min read

 Bitcoin is trading supra  just  value. What does this indicate?

Investment slope JPMorgan has calculated Bitcoin’s just worth astatine $38,000.

This fig is 12% little than the existent terms astatine the time, indicating overvaluation and suggesting a imaginable terms driblet to come.

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