The J.P. Morgan analysts also expressed caution that the cryptocurrency “looks rather overbought and vulnerable to profit-taking” for the near-term. However, if their long-term prediction is right, this could be the beginning of a new era in Bitcoin supremacy.
Have a story you want USA Herald to cover? Submit a tip here and if we think it’s newsworthy, we’ll follow up on it.
Want to contribute a story? We also accept article submissions – check out our writer’s guidelines here.