JPMorgan warns that the sell-off in bitcoin may not be over as positioning still looks overbought. The pace of net inflows into spot bitcoin ETFs has slowed considerably, challenging the notion of sustained one-way net inflow. Profit-taking is expected to continue as the halving event approaches.
The sell-off in bitcoin may not be over as positioning still looks overbought, according to JPMorgan. The pace of net inflows into spot bitcoin ETFs has slowed considerably, challenging the notion of sustained one-way net inflow.
Profit-taking is expected to continue as the halving event approaches.
Bitcoin Sell-Off Jpmorgan Net Inflows Etfs Profit-Taking Halving Event
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