Bitcoin values ​​419%. Is it worth the investment?

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The super appreciation of Bitcoin, which has recently exceeded the $ 30,000, is generating a lot of discussion between those who believe that the currency is already overvalued and those that claim that there is room for even greater appreciation. Bank Jpmorgan, one of the four largest in the US, is on the second team. On Tuesday he released a note to investors by making a forecast for the value of Bitcoin. According to the financial institution, the currency can beat the $ 146,000 in the long run. But for this, the value of the currency would have to fall substantially, to give investors the confidence needed to make great bets. Recently the Cryptomoedas Easao being the center of attention, investors, speculators, people from everyone are closely accompanying every movement that has been happening, arousing interest and profits with the great valuation. "This long-term growth based on equalization of Bitcoin's market value with gold as investment is conditioned to a convergence of Bitcoin volatility with long-term gold," says the bank strategists. Valuation of Bitcoin in the last year. Analysts say that the recent valuation of Bitcoin differs from 2017, when the currency came to be worth almost $ 20,000, followed by a drop that led her to $ 3.122 the following year. Skeptics see the currency as something speculative and no intrinsic value, a bubble that will burst at some point. According to JPMorgan, "there is no doubt that the impulse in the institutional flow is what distinguishes 2020 of 2017. It is unlikely that a convergence of volatility between Bitcoin and gold happens quickly, since for us this is a process of many years This implies that the theoretical brand of more than $ 146,000 for Bitcoin should be considered a long-term goal, not something attainable this year. "

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