RE: Bitcoin forecast to go to $146,000 JpMorgan8 Jan 2021 07:32
Pedrobull
Here is the source. It was an email from Stocks To Trade over Christmas.
Must confess I took it as gospel as they seem reputable.
They were actually tipping a US miner Bit Digital but it clearly quotes the price target for 2921 by Citibank BUT the way it read I assumed they were quoting 2021 for the other companies as well.
This was the email
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Bitcoin miner, Bit Digital is up another 34% with the crypto bull market showing no signs of cooling off. From here, it could move even higher, with analysts saying Bitcoin could rally well beyond $100,000. Citibank for example says we could see $318,000 BTC in 2021. Guggenheim is calling for a valuation of $400,000. JP Morgan says it could rally on a $600 billion catalyst, which includes just a 1% allocation from global pension funds and insurance companies.