jpmorgan btc

JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US

<div class=”featured_image_container”> </div> <strong>JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say.</strong> SEC Approving Bitcoin ETF Could Be …

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JPMorgan Predicts $146K Bitcoin Price as Competition With Gold Escalates

<div class=”featured_image_container”> </div> <strong>JPMorgan’s analysts have made a case that bitcoin’s price could reach $146,000 as the cryptocurrency’s competition with gold heats up. Meanwhile, the firm’s </strong><strong>global strategist sees the current bitcoin bull run as being similar to the bull run of 2017. He warns of three risks that could affect bitcoin’s outlook for 2021.</strong> …

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JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought

<div class=”featured_image_container”> </div> <strong>JPMorgan’s analysts have warned about the odds of a bitcoin correction which would increase if the flows into Grayscale’s bitcoin trust slow significantly. The analysts indicated that bitcoin is “overbought.”</strong> JPMorgan Reveals Bitcoin’s Outlook The analysts at JPMorgan Chase & Co. gave their bitcoin prediction in a note on Friday. They explained …

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JPMorgan’s Analysis Shows Institutional Investors Moving From Gold ETFs to Bitcoin

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/387425″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/bitcoin-wallet-banner-2.png” alt width=”728″ height=”90″></a></div><strong>JPMorgan has highlighted evidence of institutional demand for bitcoin and investors moving from gold exchange-traded funds (ETFs) to the cryptocurrency. The firm points out that bitcoin demand is driven not only by younger retail investors but also by …

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