JP Morgan Argues Bitcoin is Undervalued Despite Low Volatility

JP Morgan analysts believe Bitcoin’s current price is undervalued, citing record low volatility levels and strong institutional interest. This bullish outlook stems from increasing institutional inflows, growing ETF activity, and a decrease in market volatility. 📈 The report highlights the potential for Bitcoin to match the investment allocations of gold if volatility converges. 💰 Nikolaos Panigirtzoglou, leading JP Morgan’s analysis, states that Bitcoin’s current price is below its fair value and suggests institutional investors may allocate similar amounts as traditional assets like gold.