JPMorgan believes a Bitcoin price fall is imminent. According to their analysts, periods when price exceeds “intrinsic value” have always led to a drop in price. And following the recent rally over the past few weeks, this situation has presented once again. Bitcoin’s Intrinsic Value After a fantastic run-up, which saw Bitcoin gain 120% since...The post JPMorgan Sees Imminent Bitcoin Price Fall; Why It’s Unlikely to Happen appeared first on NewsBTC.
