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JPMorgan: Bitcoin Still Overbought Despite Price Drop

J_News by J_News
March 24, 2024
in Crypto, Top News
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JPMorgan: Bitcoin Still Overbought Despite Price Drop
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Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks overbought despite the past week’s correction.” JPMorgan: ‘Bitcoin Remains in Overbought Territory’ JPMorgan’s analysts, led by global strategist […]



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