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JPMorgan Survey: Wall Street Thinks Bitcoin Will Not Reach $ 100K This Year

JPMorgan Survey: Wall Street Thinks Bitcoin Will Not Reach $ 100K This Year

According to a new study by JPMorgan Chase, only 5% of the company’s customers said Bitcoin will hit the $ 100K mark in 2022.

Another 9% believe that the first cryptocurrency will surpass its all-time high and reach $ 80,000.

However, in general, the survey showed a bullish mood among the bank’s clients, since the majority of respondents (55%) believe that by the end of 2022 BTC will be trading above $ 60 thousand and only 25% expect the price to fall below $ 40 thousand .

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