JPMorgan has increased its long-term Bitcoin price prediction. A year ago, the strategists suggested the long-term price for the king Crypto was $146,000, but they have upped this to a new prediction of $150,000. They did not provide a definition or time scale of “long term,” however.

The new BTC price prediction is a level that would put the Bitcoin total market value on par with that of all gold held privately for investment purposes, they added.

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