Same topic, same institution, same comment, different result. I think there are many chapters read about JP Morgan's discordant opinions about Bitcoin (BTC). There is already a history, between this institution, its CEO and the BTC; an interesting mix of opinions, very strong at times, others completely different.

I refer to the last comment on BTC and its overvaluation; The truth is that a concept is being used again that does not define the digital currency at all, indicated as a basic product that "faces a modest headwind in the short term based on an analysis of bets in the futures market and an estimate of the Intrinsic Value of Cryptocurrency ", JPMorgan Chase & Co.

Let's recall several of the fabulous definitions that we have drawn from JP Morgan in recent years. For 2017, its CEO, Jamie Dimon, used the term "fraud" and the adjective "stupid" for BTC. We know how the qualifier ended up and his adventures of metal fraud and market manipulation.

For 2018, the terms did not change, but for the public they began to reflect an almost acceptance of BTC as an element to consider for investment.

The sudden change of rating towards BTC has made it worthy of being part of that group of entities that see cryptocurrencies as an element of change, a type of investment that can be sustained over time by protecting the initial value, it is no coincidence that Definitely started as gold 2.0.

But with the last evaluation, of integrating it as an asset that reflects a different value than the market, far above, I think that his vision is still short and he does not leave me another explanation of always wanting to avoid however, that the BTC get what by right it is already yours, a value well above its historical maximum.

There are fundamentals to not let BTC escape as a hard investment, just look at the economic situation we are witnessing, how whatever is done to conserve and perpetuate values ​​and institutions such as the dollar and the market to continue feeding a system that no longer works .

JP Morgan talks about overvaluation, nothing is further from reality, rather there is an undervaluation, and it is time for the BTC to begin to rise and recover everything for a monetary balance.