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via Cryptonews (EN) · By Cryptonews Editorial

Saylor’s Strategy is a Risk to Bitcoin, According to JP Morgan

BTC

BTC/USDT

$62,742.00
+0.38%
24h Volume

$8,729,581,643.07

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

Long/Short
61.7%
Long: 61.7%Short: 38.3%
Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,726.97

-0.66%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,853.85
Resistance 1$63,135.55
Price$62,726.97
Support 1$62,398.28
Support 2$60,639.83
Support 3$57,800.19
Pivot (PP):$62,769.19
Trend:Downtrend
RSI (14):48.3
CE
Cryptonews Editorial
(09:14 AM UTC)
1 min read
OB
Verified byOlivia Bennett
1260 views
0 comments

JPMorgan has flagged a structural risk most Bitcoin price prediction bulls haven’t priced in: the same entity driving the most aggressive institutional accumulation on record could, under the wrong conditions, become a forced seller.

That tension is now a live market variable. Bitcoin is consolidating near critical technical support while analysts debate whether Saylor’s $150,000 year-end target…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cryptonews Editorial · Cryptonews (EN)

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