JPMorgan, the world’s largest bank, regularly shares important statements about cryptocurrencies. Stating that the rise in the crypto money markets was unrealistic and ‘foaming’ in the past months, the bank later announced that the ‘fair value’ of Bitcoin was 35 thousand dollars, and in the following days gave the answer to the question ‘Ethereum or Bitcoin?’.
On the JPMorgan front, there has been an important development regarding cryptocurrencies today. JPMorgan, which conducts a survey for its customers, revealed the general expectation in the cryptocurrency market with the survey. According to this survey, 41% of respondents expect Bitcoin to complete the year 2022 at around $60,000. On the other hand, only 5% expect Bitcoin to rise to $100,000.
It was previously announced that it could rise to $ 146 thousand in the long term.
The survey, which was attended by 47 customers between December 13 and January 7, fits some predictions about the cryptocurrency market, which has been fluctuating for a long time, while it does not. This shows how unexpected the cryptocurrency market is right now and it is difficult to predict the future in the market.
In a report published in November, JP Morgan included details that made investors smile. The bank stated that if Bitcoin starts to replace gold in the portfolio of institutions, it can rise to $ 146 thousand in the long run, and stated that the levels of $ 73 in 2022 are reasonable. Goldman Sachs also announced that if gold takes the market share, Bitcoin will see 100 thousand dollars in 2022.
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