Podcasts Technology Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News 373: BITCOIN WILL AT LEAST 45X FROM HERE SKYROCKETING TO $585K SAYS BTC BILLIONAIRE TYLER WINKLEVOSS!

373: BITCOIN WILL AT LEAST 45X FROM HERE SKYROCKETING TO $585K SAYS BTC BILLIONAIRE TYLER WINKLEVOSS!

Published: Oct. 27, 2020, 3:03 p.m.

Bitcoin billionaire Tyler Winklevoss says the Bitcoin price will ‘at least’ 45x from here surging to $585,000 per BTC in his recent tweet on Crypto Twitter:

“JP Morgan analysts think Bitcoin could triple in value and challenge gold. While I think its at least like a 45x from here, not a 3x, at least we can agree that bitcoin is going up. It's hard to understand why anyone wouldn't own BTC by now.”

The Bitcoin bull was referencing the following Fortune article entitled:

"For years J.P. Morgan was skeptical of Bitcoin. Now the bank’s analysts say its value could triple, challenging gold"

A team of analysts at J.P. Morgan’s Global Markets Strategy group are touting Bitcoin’s emergence as an alternative to gold among millennials, suggesting a “doubling or tripling” in the price of the cryptocurrency if current trends continue.

The prediction, which came in a research note published on Friday, is remarkable given the bank’s onetime skepticism toward Bitcoin, which included CEO Jamie Dimon calling it a “fraud” in 2017 and saying he would fire anyone trading it for being “stupid.”

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