The post JPMorgan's Analyst Says Bitcoin Needs to Hit $170k to Match Gold's Private Investment Value appeared first on Coinpedia Fintech NewsJPMorgan has predicted a parabolic rally for Bitcoin (BTC) in the next 6-12 months. According to Nikolaos Panigirtzoglou, a strategist at JPMorgan, the Bitcoin price would need to rally towards $170,000 to match Gold's private investment value. Since hitting $4,377 per ounce, the gold price has dropped around 10% and formed a potential reversal pattern. ...