Post
Topic
Board Bitcoin Discussion
Re: J.P. Morgan Thinks the Big Crypto Rally Is Overdone
by
serjent05
on 15/11/2023, 22:50:14 UTC
It looks like JP Morgan company is planning to accumulate Bitcoin at a lower price.  This is the probable reason of the released statement of JP Morgan and nothing else.  If he dislikes Bitcoin he can just say it once or twice, but keep on repeating it make him looks like ...

Anyway, I never trust any analyst's statement without verifying it with my own research.  Analysts are here to make predictions. whether they are spot on or not is out of their concern, what matters to them is to make a comment about the recent financial movement of the market.

JP morgan's predictions had been shamed by Bitcoin many times, I though he is out of the picture because it was too long when I last hear of him saying things about the Bitcoin market.  I missed the hate somehow, lol.

maybe, they just want to create some fud to big stakeholders or big companies but i don't think they have such influence to those big ones because they have their own assessments on this market.

That is what I am thinking.  They wanted to make a last price pull before the halving and Bitcoin bull market commence.