JP Morgan: Bitcoin Bottom Not In, Turnaround Not Happening Until Price Hits This Level

Global investment bank JP Morgan is not optimistic about the price of Bitcoin heading into July as the threat of sell pressure looms on the horizon. Bloomberg reports that JP Morgan strategists are not lifting their bearish Bitcoin outlook, as a large Grayscale Bitcoin fund, GBTC, prepares to unlock more shares, giving BTC holders a […]The post JP Morgan: Bitcoin Bottom Not In, Turnaround Not Happening Until Price Hits This Level appeared first on The Daily Hodl.