Bitcoin Next Test Level is $90,000: Fundstrat

After reaching a new all-time high, Bitcoin is likely to test $90,000, Fundstrat strategists believe

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JPMorgan: Bitcoin’s Record Run Is Being Driven By Inflation

A team of strategists at the big bank said inflation concerns rather than the bitcoin-linked ETF are driving BTC prices higher.

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JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump

JPMorgan strategists say that interest in the newly launching BITO Bitcoin ETF could cool after a week or so.

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Bank Of America’s Crypto Report: All You Need To Know

Bank of America released their latest crypto report this week, as Bitcoin returns north of $50K. BofA strategists Alkesh Shah and Andrew Moss described the crypto market as “too large to ignore” and that “there could be more opportunity than skeptics expect.

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Bloomberg Strategists On Why Ether Is Primed To Hit $5,000 Very Quickly

Bloomberg has released its September Crypto-outlook report and it is illustrated on the second-largest cryptocurrency Ethereum. Like the last report from August, some things remained. One of these includes the fact that Ethereum is primed to knock off Bitcoin in the long term.

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Equity Strategists, Portfolio Managers Share Bitcoin Price Predictions: Survey

Equity strategists and portfolio managers were asked about what the price of bitcoin will be by the year-end. Almost half of the surveyed participants say the price of the cryptocurrency will fall below the $30K level but some believe it will rise to $60K.

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Top Strategists And Portfolio Managers Reveal Bitcoin’s Feasible Price Point By End Of 2021… And It Isn’t Looking Great

By the end of 2021, Bitcoin will be trading below $30,000 according to 44% of respondents in a quarterly survey conducted by CNBC, following a report by CNBC’s Squawk Box. “44% of respondents in #CNBCQuarterltySurvey say #bitcoin will be below #30,000 at the end of the year.

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44% of investors expect Bitcoin to drop below $30K in 2021: CNBC survey

CNBC surveyed a set of equity strategists and portfolio managers to understand investor sentiment on Bitcoin price.

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Bitcoin short-term setup is challenging, JPMorgan strategists warn

Bitcoin and the crypto market are at the beginning of a healing process, JPMorgan analysts say in a note.

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JPMorgan Predicts Bitcoin’s 2021 Slide Not Yet Over

A team of strategists for JPMorgan, headed by Nikolaos Panigirtzoglou, believes bitcoin (BTC) is seeing a weak demand from big players. The post JPMorgan Predicts Bitcoin’s 2021 Slide Not Yet Over appeared first on BeInCrypto.

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Bitcoin Least Favorite Investment Among CIOs, Says Goldman Sachs Survey

The strategists surveyed the CIOs on their views and outlooks, including their favorite investment styles and asset classes. The post Bitcoin Least Favorite Investment Among CIOs, Says Goldman Sachs Survey appeared first on BeInCrypto.

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Bitcoin is the ‘Least Favorite’ Asset Among CIOs, Reveals Goldman Sachs Survey

As crypto traders and investors spend yet another week in the range, a Goldman Sachs survey reveals Bitcoin is the least favorite investment among chief investment officers. The Goldman strategists said, “We held two CIO round table sessions earlier this week, which were attended by 25 CIOs from various long-only and hedge funds.

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‘Chartmaster’ Expects BTC Price to Tap $29K, Delta Exchange CEO Says ‘Bitcoin Hasn’t Found a Floor Yet’

The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see bitcoin rebounding and gathering new highs in the coming weeks, a few crypto market strategists believe bitcoin prices could sink much lower than today’s current […]

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JPMorgan Strategists Warn Bitcoin’s Momentum Could Collapse

JPMorgan Managing Director Nikolaos Panigirtzoglou recounts seeing such negative price action for Bitcoin in the past year. However, in those instances, buyers were able to return in time to prevent deeper slumps.

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JPMorgan Warns of Collapse in Bitcoin Momentum Signals After Recent Sell-off

Much like crypto traders, JPMorgan strategists see a deeper slump incoming with momentum decay advanced and lack of strong flows into Bitcoin funds. The post JPMorgan Warns of Collapse in Bitcoin Momentum Signals After Recent Sell-off first appeared on BitcoinExchangeGuide.

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Bank of America claims it costs just $93 million to move Bitcoin’s price by 1%

Bank of America strategists have estimated that it takes in-flows of just $93 million to move Bitcoin’s price by one percent.

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Bank of America Says the Only Good Reason for Holding Bitcoin Is ‘Sheer Price Appreciation’

Bank of America sees no good reason to own bitcoin other than “sheer price appreciation. ” The firm’s strategists found that the cryptocurrency’s “inflation hedging benefits are not particularly apparent.

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JPMorgan says retail Bitcoin investors are now out-buying institutions

Research strategists at JPMorgan Chase, a top U. S investment bank, revealed that there are more retail traders investing in Bitcoin than there are institutional traders. The report reveals that retail investors have bought over 187,000 Bitcoin using Square and PayPal this quarter.

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JPMorgan Says Retail and Institutional Bitcoin Flows Were Equal in Q1

According to a JPMorgan report, institutional and retail bitcoin flows balanced throughout the first quarter of 2021. JPMorgan Analysis Details Retail investors accumulated over 187,000 Bitcoins this quarter as a proxy using Square and Paypal data, compared to approximately 205,000 last quarter, strategists, including Nikolaos Panigirtzoglou, in a report on Friday. Meanwhile, over the periodRead More

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US Dollar’s Boom in 2021 Puts Bitcoin Price Rally At Risk of Faltering

Many Bitcoin strategists and investors started 2021 with deep-rooted convictions that the US dollar would weaken.

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JP Morgan Strategists Recommend 1% Allocation to Bitcoin

Analysts at JP Morgan are the latest to recognize bitcoin’s potential as a diversifier and a hedge, recommending its addition in investment portfolios. “In a multi-asset portfolio, investors can likely...

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JPMorgan Strategists Suggests Investors Allocate 1% Into Bitcoin

Strategists at U. S. investment banking giant JPMorgan suggested that investors should consider allocating a small percentage of their portfolio to bitcoin. The strategists’ comments come amid an increase in bitcoin adoption by institutional investors.

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Bitcoin Is Greatly Overpriced; Its Fair Value Is $25k, Say JPMorgan Strategists

Bitcoin is trading at twice its fair valuation, analysts at the largest bank in the U. S have claimed. In its latest report, JPMorgan stated that it assesses the top crypto’s fair value to be $25,000.

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Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB) price analysis as strategists issue a warning

Bitcoin (BTC) price has continued to lead the way higher with Ethereum (ETH) closing in on the $2,000 handle. In the meantime, Binance Coin (BNB) is up over 50% on the day to increase February gains to nearly 600%.

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JP Morgan: Bitcoin Volatility Needs to Reduce for Price to Steady Above $50k

JP Morgan strategists opine that Bitcoin volatility needs to taper for prices to remain above $50k. In a note to investors on Feb 16, Nikolaos Panigirtzoglou and his team said BTC/USD price action is fragile with real risks of a correction at spot rates.

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A Bitcoin ETF Would Have Negative Near-Term Implications for BTC Price: JPMorgan

Besides a Bitcoin ETF eroding GBTC's effective monopoly status and causing a cascade of GBTC outflows, the bank strategists also see more mainstream corporates following Tesla “unlikely.” The post A Bitcoin ETF Would Have Negative Near-Term Implications for BTC Price: JPMorgan first appeared on BitcoinExchangeGuide.

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Bitcoin Is Better Classified As A Risk Asset – JPMorgan

Bitcoin hasn’t behaved properly over the last years, says a team of strategists at JPMorgan Chase. Citing this reason, the team opines that Bitcoin is, in fact, more of a risk asset as opposed to the popular belief that it’s a totally safe bet for investors.

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Bitcoin Expected to Hit $100k Between Q3 & Q4; $50k Looks Challenging in the Short-Term

Over the weekend, Bitcoin pushed its way to about $33,800.  It’s been a fortnight since the leading digital currency had a pullback and started ranging after its all-time high at $42,000. JPMorgan Chase’s strategists suggests Bitcoin bouncing back above the $40k level now faces a challenge because of the faltering demand for Grayscale Bitcoin Trust (GBTC).

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Grayscale holds the key to Bitcoin hitting $40K, says JPMorgan

The BTC price is at a crucial inflection point, according to JPMorgan strategists.

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JPMorgan Strategists: A Crypto ETF Approval Would Cannibalize Bitcoin’s Price

Bitcoin’s price would take a serious hit in the event that an ETF were to be approved. That’s according to a team of analysts at JPMorgan Chase. The analysts, led by one Nikolaos Panigirtzoglou, compiled and released a report after studying the possible effects of an ETF based mainly on the large cache of BTC […]

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Bitcoin ETF Could Tank Prices, Say JPMorgan Strategists

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JPMorgan Strategists Predict Bitcoin Price Above $146,000 Long-Term – Here’s Why

Bitcoin, the top most digital currency by market cap, has continued to make giant strides since it broke its previously set all-time high of about $20,000, set at the end of the 2017 bull run. The privacy-centric, limited, and gold-like asset has caught the attention of retail traders and institutional traders alike. Those who have […]

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Bitcoin Smashes $34,810 as Market Sees Some ‘Serious and Prolonged Investor Activity’

While the Bitcoin run looks more like the 2013 run, and strategists continue to call for correction as “current rally looks stretched and ripe for a fall.” The post Bitcoin Smashes ,810 as Market Sees Some ‘Serious and Prolonged Investor Activity’ first appeared on BitcoinExchangeGuide.

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JP Morgan Claims Grayscale Is Key for Bitcoin's Leading Market Position Now

JP Morgan's strategists claim that the world's largest-traded crypto fund's further success is what stands between BTC's further rally and a correction

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Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan

The rise of bitcoin is hurting the gold market and may continue to do so for many years to come as institutional adoption grows, according to JPMorgan Chase & Co strategists. Led by Nikolaos Panigirtzoglou, the strategists noted the declining inflow of funds allocated to gold exchange-traded funds (ETFs) since October, as flows into bitcoin […] The post Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan appeared first on Bitcoin News.

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JPMorgan: Bitcoin’s Rise Coming at Gold’s Expense; BTC Price Overshot, Bullion Due for Recovery

JPMorgan Chase says the rise of digital assets could make gold suffer. While money poured into Bitcoin in October, gold saw a record amount of outflows. According to the bank’s quantitative strategists, including Nikolaos Panigirtzoglou, this trend is only going to continue in the long run as more institutional investors take a position in the […] The post JPMorgan: Bitcoin’s Rise Coming at Gold’s Expense; BTC Price Overshot, Bullion Due for Recovery first appeared on BitcoinExchangeGuide.

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JP Morgan Analysts Explain Why Bitcoin Price is Falling

Bitcoin has plunged by almost 9 percent after establishing its new record high near $20,000 last week. And a team of quantitative strategists at JP Morgan & Chase believes that gold is behind the flagship cryptocurrency’s corrective price move.

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Gold Price to ‘Suffer’ at Bitcoin’s Expense, Say JPMorgan Strategists

Increased interest in cryptocurrency funds appears to be coming at the expense of the precious metal. Investors Increasingly Choosing Bitcoin Over Gold Recent gains in crypto prices appear to be driven by diversification away from gold.

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Bitcoin Has ‘Considerable’ Upside Potential As It Rivals Gold More Fiercely, Says JPMorgan

Multiple strategists from JPMorgan Chase & Co believe bitcoin is poised to compete more fiercely with gold as an “alternative currency” in the coming years due to the growing Millennial investors’ interest.

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A Big Bitcoin Move Ahead as Volatility Hits 3-Month Low: Fund Manager

Bitcoin strategists are waiting for a bias-defining price move as the cryptocurrency’s historical volatility falls to its lowest in three months. Jan Uytenhout, the co-founder of Capriole Investments in Denmark, iterated the outlook in a tweet issued earlier this Wednesday.

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Boomer’s Bitcoin Smashes $2,000 to a New ATH, Is it Time for Digital Gold to Hit $20,000?

For the first time in history, Gold has broken above $2,000. Interestingly, in the current search for alternative assets, the older generation has taken to buying gold, and the younger generation is into Bitcoin, said JP Morgan strategists led by Nikolaos Panigirtzoglou.

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Fund strategists: The internet’s craziest traders will bring volatility back to Bitcoin

Bitcoin, and the cryptocurrency market, has largely traded in a tight price band since an initial rise in early-2020.   Fund managers have taken note and are actively considering BTC as a hedge against global markets.

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Bitcoin Risks Breaking $9K as JP Morgan Warns $170B Stock Market Sell-off

Bitcoin price risks breaking to the downside as strategists warn of a correction in the U. S. stocks. Analysts at JP Morgan & Chase predicted that pensions funds would most likely dump $170 billion worth of their equity positions at the end of the second quarter.

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JPMorgan: Bitcoin’s Market Structure More Resilient Than Currencies, Equities, Treasuries and Gold

JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.

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JPMorgan Praises Bitcoin's Resilience While Comparing It to Traditional Assets

Bitcoin's speedy recovery from the March crash earns it praise from JPMorgan strategists

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With the uncertain future of the US dollar, what is Bitcoin's role?

The U.S economy has come to a halt at the moment and the unemployment rate is increasing by the day. The Fed has taken various steps to strengthen the monetary situation but as strategists opine, the The post With the uncertain future of the US dollar, what is Bitcoin's role? appeared first on AMBCrypto.

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Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon

Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U. S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy.

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Bitcoin Investors May Head to Dividend Stocks Due to Market Volatility

A host of financial advisors and strategists have recently changed their advice for investors. Moving away from high growth vehicles, many now see dividend-paying stocks as the best bet over other investments like Bitcoin.

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JPMorgan Strategist: “High Anticipation” Among Institutional Investors for CME’s Bitcoin Options Launch

According to JPMorgan Chase, institutional interest in Bitcoin-related contract is building up and there is high anticipation for the upcoming launch of CME Group’s options on Jan. 13. Intercontinental exchange's Bakkt has already launched options last month but the volumes and open interest on them have been “rather small,” wrote JPMorgan’s strategists led by Nikolaos […]

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