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❕NEWS JPMorgan submitted a new report on Bitcoin

aryan4

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JP Morgan analysts made a new assessment.
According to the JP Morgan report; A short-term downtrend can be triggered by some traders exiting the market to take profit and insufficient flow of institutional investors.
Analysts stated in the report that if Bitcoin fails to retake $ 40,000, the momentum signals will deteriorate and the process will continue in this way until the end of March.
What are your thoughts on this analysis?
 

aryan4

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If institutional investors stop buying, it is normal to have a pause anyway. This published report made a lot of sense to me.
 

Josemendez

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JP Morgan analysts made a new assessment.
According to the JP Morgan report; A short-term downtrend can be triggered by some traders exiting the market to take profit and insufficient flow of institutional investors.
Analysts stated in the report that if Bitcoin fails to retake $ 40,000, the momentum signals will deteriorate and the process will continue in this way until the end of March.
What are your thoughts on this analysis?
Yeah , I totally agree with him . Bitcoin needs to get back to the $40,000 price value in other to gain back the trust of investors.
 

Wisdom01

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I think the trend might not be like this for long this was what happened when it was on $20k -$30k range , i think new investors would still come in the market to invest
 

aryan4

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I think the trend might not be like this for long this was what happened when it was on $20k -$30k range , i think new investors would still come in the market to invest
Maybe falling prices may cause new buyers to come to the markets. The sales actually seem a bit intense, but let's see what developments will happen.
 

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JP Morgan analysts made a new assessment.
According to the JP Morgan report; A short-term downtrend can be triggered by some traders exiting the market to take profit and insufficient flow of institutional investors.
Analysts stated in the report that if Bitcoin fails to retake $ 40,000, the momentum signals will deteriorate and the process will continue in this way until the end of March.
What are your thoughts on this analysis?
It seems to be happening already with the price dropping further everyday.

But is there hope of it rising after March of this year? That's the question for long term investors.
 

Wisdom01

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Maybe falling prices may cause new buyers to come to the markets. The sales actually seem a bit intense, but let's see what developments will happen.
Yeah but i notive that those new buyers dont really like investing during a fall and when it's on a bullish run they began to buy , that surprise me a lot
 

aryan4

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It seems to be happening already with the price dropping further everyday.

But is there hope of it rising after March of this year? That's the question for long term investors.
I think many people cannot give the answer to your question clearly. They marked the month of March, maybe they have other predictions.
 

achawaskey

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I think this is as a result of what we witnessed few days back due to the fluctuations of Bitcoin prise. Let's keep our fingers across and see what will happen.
 

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I have said it earlier when bitcoin crossed $30k, I said I have not witnessed any major Investors and up till now no big Investors which is a big factor to make bitcoin cross $40k .
 

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I have said it earlier when bitcoin crossed $30k, I said I have not witnessed any major Investors and up till now no big Investors which is a big factor to make bitcoin cross $40k .
The markets moved very sharply and downstream for a variety of reasons. I think the sellers were stronger without a significant large-scale buyer.
 

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I have said it earlier when bitcoin crossed $30k, I said I have not witnessed any major Investors and up till now no big Investors which is a big factor to make bitcoin cross $40k .
Your observations are quite right. I also think that until we see new investors with huge funds investing in the coin, it may keep on struggling for a while.
 

Brain

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JP Morgan analysts made a new assessment.
According to the JP Morgan report; A short-term downtrend can be triggered by some traders exiting the market to take profit and insufficient flow of institutional investors.
Analysts stated in the report that if Bitcoin fails to retake $ 40,000, the momentum signals will deteriorate and the process will continue in this way until the end of March.
What are your thoughts on this analysis?
It might just happen as predicted because looking at Bitcoin price now this is just the trend and I don't think it stopping anytime soon. So I might just have to agree
 

microunit

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I don't think it will deteriorate that much though, considering that bitcoin continually getting the attention of the people, and if bitcoin do falls down I think some people will take that as an opportunity to invest
 

Brain

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Bitcoin rises and falls according to the forces of the market. So I think the these forces also forces the price of the coin to either go up or fall so it might be beyond others control
 

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Bitcoin rises and falls according to the forces of the market. So I think the these forces also forces the price of the coin to either go up or fall so it might be beyond others control
some whales could control the flow of the market though, and these "Signals" that others are making which they command a large group of people to buy or sell on a specific time to pump or dump the price
 

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If more people Invest in bitcoin the price will definitely rise because it is the factor responsible for the increase in price of the coin. I guess bitcoin may stay up to two months in this $30k range.
 

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If more people Invest in bitcoin the price will definitely rise because it is the factor responsible for the increase in price of the coin. I guess bitcoin may stay up to two months in this $30k range.
well it's simply just the supply and demand force of the market, if more people invest in it then there will be more demand in the market for bitcoin, and this is true to all. though that is if the supply doesn't overwhelm the demand
 

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well it's simply just the supply and demand force of the market, if more people invest in it then there will be more demand in the market for bitcoin, and this is true to all. though that is if the supply doesn't overwhelm the demand
The difficulty in mining makes it rare for the market to be flooded except if the price become significantly rise beyond expectation that will push everyone to sell.
 

aryan4

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It is still unclear what the markets will do, bitcoin is completely indecisive. I think it will be a little longer to go upstairs without new whale purchases.
 
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