JPMorgan Forecasts Bitcoin to Reach $170,000 by 2026

Financial giant JPMorgan has issued a bullish prediction for Bitcoin, anticipating a price surge to $170,000 within the next 6-12 months. The forecast challenges gold’s dominance in the financial market, projecting Bitcoin’s market capitalization could surpass $28.3 trillion by 2026. This prediction is driven by significant institutional investment and increasing volatility between Bitcoin and gold, according to analysts.