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Hold up—did a $4 trillion Wall Street giant just flip bullish on Bitcoin?
JPMorgan's latest take: BTC could hit $170K next year. Their reasoning? Bitcoin's current valuation looks cheap when you stack it against gold's market dynamics.
We're talking about one of the most conservative banks on the planet calling Bitcoin undervalued. That's not your average crypto influencer making price predictions—this is institutional capital starting to connect the dots.
The gold comparison angle is interesting. If BTC continues eating into gold's store-of-value narrative, that price target might not be as wild as it sounds.