JPMorgan Strategists Say $40,000 Is Key Test for Bitcoin Boom | Crypto Craft

  • JPMorgan Strategists Say $40,000 Is Key Test for Bitcoin Boom

    From bnnbloomberg.ca

    Bitcoin could be at risk of a further drop unless the digital coin climbs back above $40,000 soon. That’s the view of JPMorgan Chase & Co. strategists including Nikolaos Panigirtzoglou, who said the cryptocurrency could be hurt by an exodus of trend-following investors unless it can “break out” beyond that price level. The pattern of demand for Bitcoin futures and the Grayscale Bitcoin Trust, the largest traded crypto fund, will provide clues about the outlook, they said. “The flow into the Grayscale Bitcoin Trust would likely need to sustain its $100 million per day pace over the coming days and weeks for ... (full story)

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Not-KPMG
Jan 18, 2021 6:13am
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Here's our INTELLIGENT thread.
On Bitcoin and others.


https://www.cryptocraft.com/thread/649649-the-rise-of-crypto-bitcoin-ltc-ether

Please vote on first page


Check all over the thread.


First post - Bitcoin was 967 dollars
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Not-KPMG
Jan 18, 2021 6:13am
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Weren't they same liars that go Biiiiiitcoin deeeeeeeeeeeeeeaaaaaaaddd??
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