Analyst Projects Bitcoin Price to Soar Over $150,000 After Approval of Spot ETFs

Analyst Projects Bitcoin Price to Soar Over $150,000 After Approval of Spot ETFs

August 17, 2023

In a wide-ranging interview with CNBC titled Squawk Box, the head of research at Fundstrat, Tom Lee, projected that approving the pending Bitcoin spot exchange-traded funds (ETFs) application will trigger the Bitcoin prices to garner bullish momentum. The analyst anticipates that the…

JP Morgan Analysts Think Weak Bitcoin (BTC) Futures Can Result In A Bear Market

JP Morgan Analysts Think Weak Bitcoin (BTC) Futures Can Result In A Bear Market

June 14, 2021

The analysis of the market of cryptocurrency, which was performed by JPMorgan, undoubtedly highlighted the distinction between the spot prices of Bitcoin (BTC) and the futures prices of BTC. Analysts of JPMorgan stated that the market of Bitcoin has reverted to backwardation…