JPMorgan: Bitcoin Still Overbought Despite Price Drop

Global funding financial institution JPMorgan has cautioned that bitcoin remains to be overbought regardless of the crypto’s latest worth decline. JPMorgan’s analysts count on continued promoting strain on bitcoin because the halving approaches, “notably in opposition to a positioning backdrop that also appears overbought regardless of the previous week’s correction.” JPMorgan: ‘Bitcoin Remains in Overbought Territory’ JPMorgan’s analysts, led by international strategist […]