Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan

Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan

[ad_1] If bitcoin (BTC) were to match gold’s allocation in investor portfolios, its market cap should rise to $3.3 trillion, implying a more than doubling of its price, but that probably won’t happen because of the cryptocurrency’s risk and heightened volatility, JPMorgan (JPM) said in a research report. [ad_2] Source link

Bitcoin Bulls On Alert: Top Analyst Anticipates A Big Spike In The Cards

Bitcoin Bulls On Alert: Top Analyst Anticipates A Big Spike In The Cards

[ad_1] Cryptocurrency enthusiasts are buzzing after renowned analyst Willy Woo ignited the community with a bullish prediction for Bitcoin (BTC). Woo, known for his past forecasting successes, suggests a monumental surge is on the horizon, fueled by a recent development – the long-awaited approval of spot Bitcoin ETFs. These exchange-traded funds allow traditional investors to … Read more

Bitcoin Price Forms Inverse Head And Shoulders Pattern, Eyes $76,000

Bitcoin Price Forms Inverse Head And Shoulders Pattern, Eyes $76,000

[ad_1] Just below the all-time high of $69,000, the Bitcoin price has shown more volatility in recent days, only to now tread water around $67,000. But this boredom could soon be over. Following the recent price movements, a notable pattern has emerged on the Bitcoin (BTC) price chart, as recognized by the seasoned crypto analyst … Read more