JP Morgan Predicts ‘Limited Downside’ For Bitcoin, Here’s Why

In a research note on Thursday, JP Morgan indicated a positive outlook for Bitcoin, suggesting that the digital currency has a “limited downside” from its current position. The financial giant’s analysis focuses on the dynamics involving the Grayscale Bitcoin Trust (GBTC) and the newly launched spot Bitcoin ETFs in the United States. JP Morgan Foresees […] source: https://bitcoinist.com/jp-morgan-limited-downside-bitcoin/