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JPMorgan Expects Bitcoin Price to Drop to $42K After Halving

JPMorgan Expects Bitcoin Price to Drop to $42K After Halving


Bitcoin.com
2024-03-03 01:30:35

JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after April.” The bank also recently stated that the bitcoin halving and the next major


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