I saw this article last week and the standout item in the piece is the fact that a JPM analyst seems to think that there's going to be an upcoming event. What event would that be that would send the price of BTC down $20k. What are they telling us?
"However, JPMorgan is presenting a different outlook for market players. According to a strategist, an upcoming event might trigger a bearish correction that could send Bitcoin’s price down to as low as $42,000 by next month".
https://zycrypto.com/jpmorgan-bitcoin-could-correct-downwards-to-as-low-as-42000-in-april/
Interesting take. May not happen but even a broken clock is right twice a day..
It's possibly nothing, but they often put these nuggets out there, playing with us.
They are the enemy within and they will stop at nothing to be in control
Agree. Although I think of them as the enemy desperately trying to stay in and relevant.
Correction below 50k would be healthy.
I'd be very happy for a correction back down there
BRICS digital 'bridge' deciding to use ERC-20 token or some homebrew ripple clone?
ETF custodial mishap leveraged for bad press?
Fed(s) selling off seized BTC assets?
Institutionals cashing out ETF profit triggering a slide?
Natural drawdown seems more likely to me, but it is strange how something big always happens to get the price back down..
Stop believing everything you read.
This is the conspiracy territory, right?
Not saying that I believe this, just intrigued in the manner in which it was written, almost insinuating that there would be an "event".
Coinbase might pull another plug again