JPMorgan: Bitcoin is still overbought despite the price drop
Global investment bank JPMorgan has warned that bitcoin is still overbought despite recent price declines. Analysts at JPMorgan expect continued selling pressure on bitcoin as it halves, “especially in a position that still looks overbought despite the correction from last week.” JPMorgan: ‘Bitcoin remains in overbought territory' JPMorgan analysts, led by global strategist […]
