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Bitcoin Price Prediction: Price Still Far Short of Recovery Levels

From investingcube.com

Following Bitcoin’s surge yesterday, the BTC/USD pair has had a muted showing on the day. However, the Bitcoin price prediction bets, which were heavily bearish some days ago may have started to turn even as JP Morgan opens access to its Bitcoin and Ethereum funds to its retail wealth management clients. JP Morgan Chase is taking a different route to this offering, providing access to clients who would not ordinarily qualify as high net-worth individuals. CEO Jamie Dimon, himself a resolute bear, indicated a demand among clients for Bitcoin-associated products, which was why the bank was offering them. BTC/USD is ... (full story)

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  • Category: Technical Analysis