Bitcoin above ,000 is unsustainable unless volatility subsides, says JPMorgan

Bitcoin above $51,000 is unsustainable unless volatility subsides, says JPMorgan

  • Bitcoin’s current price above $51,000 is “unsustainable” unless volatility subsides, JPMorgan said in a note. 
  • Strategists estimate a large portion of recent flows into the token have been driven by speculation. 
  • If the token’s volatility converges to that of gold, bitcoin could reach $146,000, they added.
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Bitcoin’s current price is “unsustainable” unless the…


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