JPMorgan: Bitcoin is ‘overbought’ but will suck money out of gold

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JPMorgan: Bitcoin is ‘overbought’ but will suck money out of gold


Institutions need to keep buying to avoid a price drop, JPMorgan analysts say, but the outlook is rosy and will come at the expense of gold.

Posted by Cointelegraph By William Suberg on December 21, 2020 @ https://cointelegraph.com/news/jpmorgan-bitcoin-is-overbought-but-will-suck-money-out-of-gold

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