Bitcoin Price Prediction: JPMorgan Predicts $170K BTC Within 6 Months – Is Wall Street Buying the Dip?

JPMorgan analysts have just released one of the boldest forecasts yet, projecting that Bitcoin could climb to $170,000 in the next six to twelve months — a bullish Bitcoin price prediction that implies a 67% gain from current levels of $101,000. This follows the recent deleveraging in perpetual futures markets, triggered by record liquidations on October 10 and November 3. On-chain data shows whales have been buying heavily during this dip, suggesting smart money views this correction as a rare buying opportunity.) shows that Bitcoin is nearing oversold conditions, adding to the case for a short-term bounce, but confirmation is still ￰0￱ should watch for a reclaim of $106,000 and rising volumes to confirm a trend ￰1￱ price prediction scenarios remain bullish if the $100,000 support holds.

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