Bitcoin steadies above 50-day EMA, holds around $81,800
Bitcoin held its ground near $81,800 on Friday, staying above its 50-day EMA while momentum indicators remained mixed.
Bitcoin named best-performing asset in J.P. Morgan's long-term outlook with 10% base and 16% bull case returns.
Bitcoin Magazine
In its latest long-term forecast, J.P. Morgan has identified Bitcoin as the top-performing asset. The bank's 2027 Long-Term Capital Market Assumptions project Bitcoin outperforming large-cap equities, gold, and bonds over the next ten years. Grace Remington and Sean Hagan analyze a 10% base-case return and a 16% bull-case return, along with potential implications for Bitcoin's price by 2036.
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Bitcoin held its ground near $81,800 on Friday, staying above its 50-day EMA while momentum indicators remained mixed.
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