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Nalezeno "Bitcoin trust": 375

JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought


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.” JPMorgan Reveals Bitcoin’s Outlook The analysts at JPMorgan...

Watch Grayscale Bitcoin Trust For BTC Price Clues - JPMorgan


Source: Adobe/Zsolt Biczó Investments into and out of the Grayscale Bitcoin Trust (GBTC) will be key over the coming weeks for the bitcoin (BTC) price direction, according to US-based major investment bank JPMorgan Chase & Co. "A failure by the Grayscale Bitcoin Trust to receive additional...

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