JPMorgan sees bitcoin’s correction as an opportunity for long-term investors
Despite the market’s weak start to the year, JPMorgan remains upbeat on digital assets.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
JPMorgan sees bitcoin’s correction as an opportunity for long-term investors
Despite the market’s weak start to the year, JPMorgan remains upbeat on digital assets.
Bitcoin’s $60,000 Dip: A Local Bottom, Says K33
Bitcoin's drop to $60,000 may have marked a local bottom. K33 Research analysts observed signs of investor capitulation across various market segments.
Glassnode Calls Bitcoin’s Current Drawdown ‘Moderate’
Glassnode says the current crypto market structure resembles 2015–17, marked by “moderate drawdowns”.
Amberdata Highlights Lack of Bitcoin Investor Capitulation
The bitcoin futures market suggests a potential further decline in the price of the leading cryptocurrency. This conclusion was reached by Greg Magadini from Amberdata.
Bernstein Labels Current Bitcoin Correction as ‘Weakest in History’
The current downturn is the "weakest bear scenario" in the history of the leading cryptocurrency, analysts at Bernstein stated.
Sharpe Ratio Signals Final Stage of Bear Market
The Sharpe ratio for the leading cryptocurrency fell to -10, which analyst Darkfost believes signals the final stage of a bear market.
Bitwise CEO Sees Bitcoin Correction as an ‘Opportunity’ for Investors
The decline of Bitcoin below $70,000 is perceived differently by long-time holders and new investors. The former feel uncertain, while the latter see a 'second chance,' stated Bitwise CEO Hunter Horsley.
JPMorgan Analysts Set Long-Term Bitcoin Target at $266,000
In the long term, the leading cryptocurrency could reach $266,000 as it becomes "more attractive than gold," according to JPMorgan analysts.
Deutsche Bank Identifies Bitcoin’s Weakness Factors
The current decline in the cryptocurrency market reflects a waning interest in digital assets at both institutional and regulatory levels, rather than being the result of a single macroeconomic shock, according to analysts at Deutsche Bank.
Peter Brandt says bitcoin’s slide is a planned campaign by big players
The latest slide in bitcoin is being driven by big players rather than retail panic, says technical analyst Peter Brandt.We use cookies to improve the quality of our service.
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