ChainCatcher reports that JPMorgan analysts have determined a long-term target price for Bitcoin of $266,000 based on volatility adjustments compared to gold. The severe winter storms in the United States and high-cost miners exiting the market are the main reasons for the decline in hash rate, but signs of hash rate rebound have now been observed.
Despite short-term fluctuations, JPMorgan team remains optimistic about the crypto market in 2026, expecting institutional investors to lead market growth.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Regret Missing Bitcoin and Hedera Early? Don’t Miss APEMARS Stage 13 At $0.00014493 – Best Crypto...
Every crypto investor has at least one moment they wish they could go back and change. Many people remember hearing about Bitcoin when it was worth only a few cents but never taking it seriously, while others noticed the early buzz around Hedera and chose to wait. That brief hesitation
BlockChainReporter29m ago
Bitcoin Options Signal Fear Amid Subdued BTC ETF Outflows
Bitcoin traded in a narrow range near $70,000 on Friday after a stumble to reclaim the $75,000 level earlier in the week. The back-to-back sessions of net outflows from U.S.-listed spot Bitcoin ETFs cooled a recent run of inflows, prompting traders to reassess whether institutions are turning more c
CryptoBreaking1h ago
Bitcoin Has Stabilized, But Investors Are Paying Up for Downside Protection: VanEck
Bitcoin's volatility has decreased to around $70,000, but traders are still heavily investing in downside protection. Although premiums for puts have dropped, they remain high historically, suggesting caution among investors. This defensiveness may signal an impending price bottom, as similar market conditions in the past have led to recoveries.
Decrypt1h ago
