JPMorgan says its long-term bitcoin price target of $150,000 is unlikely as surging volatility challenges institutional adoption

The bank's new long-term theoretical price target is $38,000, which is based on the relative volatility and market size between gold and bitcoin.
Read more: https://markets.businessinsider.com/news/currencies/bitcoin-price-outlook-150000-target-unlikely-volatility-institutional-adoption-jpmorgan-2022-1?source=Snapzu