“JPMorgan says bitcoin could rise to $146,000 long-term as it competes with gold”
January 5, 2021
“In a note published Monday, JPMorgan made a bold long-term price target for bitcoin, claiming the red-hot cryptocurrency could rally as high as $146,000 as it competes with gold as an “alternative” currency. But, there’s a catch…”
Just remember that in reality cryptocurrency has no real world value. No electricity means no bitcoin. It can’t compete with gold in that sense. If society collapses it’s worth nothing. I say this as a person that is invested in cryptocurrency. It has it’s uses but a replacement it is not.