JP Morgan starts to BTC positively and even believes that it can triple or quadruple its price in the future!!!
JP Morgan says BTC could have a big uptrend in the long run as it competes with gold for first place as an “alternative currency”.
JP Morgan analysts say "Even a modest accumulation outside of gold in the long run could double or triple the price of BTC."
They also said that "cryptocurrencies gain value not only because they serve as a store of wealth, but also because of their usefulness as means of payment”.
BTC among millennials and younger investors has swelled this year with several investors adding BTC to their portfolios and talking about its prospects.
I'm glad to hear that because most of us believed in all this many years ago and now we are proven right! Don’t forget that JP Morgan was one of the first to officially state that cryptos in general are a scam but now they see that this is the future.
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