Banking Giant JPMorgan Chase Issues Massive Bitcoin Price Forecast, Says Top Crypto Asset Now Appears Undervalued Compared to Gold

Banking giant JPMorgan Chase believes Bitcoin is now undervalued after the asset’s major pullback in October. In a new note to clients that’s gone viral on X, JPMorgan strategist Nikolaos Panigirtzoglou highlights Bitcoin’s sharp decline, falling over 20% last month to $99,000. source: https://dailyhodl.com/2025/11/09/banking-giant-jpmorgan-chase-issues-massive-bitcoin-price-forecast-says-top-crypto-asset-now-appears-undervalued-compared-to-gold/