Bitcoin Has Soared Above Intrinsic Value During Latest Rally, JPM Strategists Claim
JPMorgan strategists claim that bitcoin’s recent rally has reproduced a pattern from its historic 2017 performance. Strategists from United States banking giant JPMorgan Chase (JPM) have argued that bitcoin (BTC)’s recent rally has ostensibly soared past what they calculate to be its intrinsic value. Their analysis was reported by Bloomberg on May 20. The strategists — […]
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