JPMorgan Flip-Flops Again, Says Bitcoin May Hit $100,000 "But Such Price Levels Would Be Unsustainable"
Jan 4th 2021 8:00pm EST
JPMorgan Flip-Flops Again, Says Bitcoin May Hit $100,000 “But Such Price Levels Would Be Unsustainable” Back at the start of November, JPMorgan quant NIck Panigirtzoglou – perhaps tasked with being the skeptic in-house bitcoin strategist – predicted that based on position indicators and technicals, “bitcoin’s overbought positions by momentum traders such as CTAs could trigger […]
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