On December 5th, Bitcoin’s price action was like a free roller coaster ride. With all those ups and downs, a lot of people’s hearts probably couldn’t take it!

But JPMorgan seems pretty calm. In their latest research report, there’s a striking figure—using a volatility-adjusted model, they calculated a theoretical price for Bitcoin that directly points to the $170,000 range📊. Based on the current price, that means there’s about 84% upside in the next six to twelve months.

Is this kind of prediction reliable? Honestly, Wall Street firms always have sophisticated models, but the market will always have more variables than any formula. #ETH走势分析 This round of price action is really tough—people fear missing out, but also worry about buying the top 💭.

JPMorgan’s strategy team emphasized to clients in a briefing: over the long term, Bitcoin’s value logic hasn’t changed. But the question is, how long is “long term”? How many rounds of volatility will you have to endure in the meantime?

$BTC The recent performance has been pretty nuanced, too. Some see this as an opportunity, others think it’s a trap. What’s your take? Are you brave enough to add to your position at this level? Share your thoughts in the comments 👇