JPMorgan: Bitcoin sell-off may not be over yet, currently still in overbought territory
According to ChainCatcher news, as reported by CoinDesk, the price of Bitcoin fell by 15% in the past week and then rebounded after Wednesday's FOMC meeting. JPMorgan Chase (JPM) stated in a research report on Thursday that the sell-off may not be over yet as positions still appear to be overbought.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.
CME Group: BrokerTec EU market is now open for trading, all other markets remain suspended
Animoca Brands plans to go public on Nasdaq in 2026