[JPMorgan: Maintains Bitcoin Price Prediction of $170,000 Within 6-12 Months] Odaily Planet Daily News – JPMorgan analysts stated that Bitcoin's rising production cost (currently estimated at approximately $94,000) has historically acted as a price floor, meaning there is limited room for a decline from current levels. The analysts reiterated last week's prediction of Bitcoin's price rising to around $170,000 within the next 6-12 months, based on a volatility-adjusted comparison between Bitcoin and gold. They noted that Bitcoin currently consumes about 1.8 times the risk capital of gold. Based on this calculation, Bitcoin's market capitalization of approximately $2.1 trillion would need to increase by about 67%.