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
JPMorgan Moves to Accept Bitcoin, Ether as Loan Collateral
JPMorgan Chase now allows institutional clients to use Bitcoin and Ethereum as collateral for loans, using third-party custodians to manage risks. This integration of crypto into credit systems highlights a shift toward digital assets in traditional finance, despite challenges posed by volatility.
CryptoFrontNews2m ago
Scaramucci: Bitcoin’s four-year cycle intact; Q4 rally forecast
Bitcoin’s bear market has been framed by a familiar prism: the traditional four-year cycle. Yet proponents argue that institutional demand, particularly via BTC-focused exchange-traded funds, has muted volatility and may shape the path of prices through the next cycle. In a recent discussion,
CryptoBreaking1h ago
Samourai Wallet Domain Hijacked: Scam Site Targets Bitcoin Users
A seized bitcoin privacy wallet domain has resurfaced in 2026 under criminal control, reviving a defunct project as a phishing trap targeting unsuspecting users.
U.S. Seized Crypto Domain Falls Into Scammers’ Hands, Users Warned
The domain tied to Samourai Wallet, once a well-known
Coinpedia1h ago
Why Aksel Kibar Believes Bitcoin Price Is Trap and This 'Rising Wedge' Signals Deeper Drop - U.Today
Analyst Aksel Kibar warns Bitcoin investors that the current price recovery is a technical trap within a downtrend. He identifies a "rising wedge" pattern and predicts potential declines to $60,000 or lower, advising caution against misinterpreting short-term fluctuations.
UToday4h ago
