World funding financial institution JPMorgan has cautioned that bitcoin continues to be overbought regardless of the crypto’s current value decline. JPMorgan’s analysts count on continued promoting strain on bitcoin because the halving approaches, “notably in opposition to a positioning backdrop that also seems overbought regardless of the previous week’s correction.” JPMorgan: ‘Bitcoin Stays in Overbought Territory’ JPMorgan’s analysts, led by international strategist […]
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Bitcoin’s spike above $93k wipes out shorts, $652M liquidated across the market
Bitcoin’s newest liquidation sweep erased $652.84 million throughout crypto on April 23, wiping out 172,948 merchants. Bitcoin alone contributed $321.70...