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ICYMI - JP Morgan see limited downside for crypto markets over the near term
A report from JPM late last week says the downside shift for Bitcoin looks to be ending. JPM cite their analysis of open interest in Chicago Mercantile Exchange’s (CME) bitcoin (BTC) futures: shows the unwinding of long positions appears to be in its end phase rather than its beginning“As a result we see limited downside for crypto markets over the near term,” the move in crypto markets in August, “which reversed the post Securities and Exchange Commission (SEC) versus Ripple court decision rall...
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Posted: Aug 28 2023, 03:52
Author Name: forexlive
Views: 110655