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    JPMorgan Warns of Upcoming Bear Market In Bitcoin (BTC)

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Thu, Jun 10, 2021 11:49 AM by CoinGape

JPMorgan Warns of Upcoming Bear Market In Bitcoin (BTC)

Although Bitcoin (BTC) has registered a strong pullback in the last 24 hours moving past $37,000 levels earlier today, JPMorgan analysts are a bit skeptical about its future journey ahead. A recently published report from Bloomberg states that the bank analysts have warned of ‘backwardation’ in the futures market. It means that the spot price The post JPMorgan Warns of Upcoming Bear Market In Bitcoin (BTC) appeared first on Coingape.

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