NEW: JP Morgan analysts believe Bitcoin will be trading above $170,000 within 6-12 months and could reach as high as $240,000 over time because it is now “influenced more by macroeconomic forces than Bitcoin’s traditional four-year halving cycle.”
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NEW: JP Morgan analysts believe Bitcoin will be trading above $170,000 within 6-12 months and could reach as high as $240,000 over time because it is now “influenced more by macroeconomic forces than Bitcoin’s traditional four-year halving cycle.”