Name: Why JPMorgan Analysts Are Bearish on Bitcoin
Uploaded: 2021-06-24T20:04:02.000Z
Duration: 1 min 10 s
Description: While some observers say bitcoin's price has bottomed out, analysts at JPMorgan remain bearish, identifying the impending unlocking of shares in the Grayscale Bitcoin Trust (GBTC) purchased in January as a source of downside risk to the cryptocurrency. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

CD20$2,012.271.13%BTC$74,603.641.50%ETH$2,046.500.93%XRP$1.320.79%SOL$83.290.24%

Why JPMorgan Analysts Are Bearish on Bitcoin | CoinDesk Videos

Loading video...

CD20$2,012.271.13%BTC$74,603.641.50%ETH$2,046.500.93%XRP$1.320.79%SOL$83.290.24%

Why JPMorgan Analysts Are Bearish on Bitcoin | CoinDesk Videos