JPMorgan: Bitcoin Still Overbought Despite Price Drop

World funding financial institution JPMorgan has cautioned that bitcoin remains to be overbought regardless of the crypto’s latest value decline. JPMorgan’s analysts anticipate continued promoting strain on bitcoin because the halving approaches, “significantly in opposition to a positioning backdrop that also appears to be like overbought regardless of the previous week’s correction.” JPMorgan: ‘Bitcoin Stays in Overbought Territory’ JPMorgan’s analysts, led by international strategist […]



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