JPMorgan has cautioned investors that the price of bitcoin could fall to $ 42,000 after the halving event in April. The global investment bank’s analysts explained that $ 42K is the level they “envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after April.” The bank also recently stated that the bitcoin halving …
On December 4, 2023, bitcoin’s price exhibited significant movements trading between $ 39,409 and $ 42,155 during the intraday sessions. The crypto asset briefly crossed the $ 42K zone — a height not seen since the Terra LUNA crash. Bitcoin’s current market capitalization is around $ 813 billion as it trades …
Bitcoin is expected to reach its peak at $ 42,000 in 2023, with an end-of-year price prediction of $ 38,000, according to Finder’s bitcoin price predictions report. The report, based on a survey of 29 industry specialists, reveals that 43% of panelists believe bitcoin is currently underpriced, 36% say it is priced fairly, …