JP Morgan: Weak institutional demand will push BTC into a bear market

Analysts at JP Morgan, an American investment bank, believe Bitcoin (BTC) will plunge further due to an impending bear market. A report unveiled this news on June 14, noting that the analysts have been monitoring the trend in BTC Futures and found that there is an unusual development. Led by Nikolaos Panigirtzoglou, JP Morgan Chase’s […] The post JP Morgan: Weak institutional demand will push BTC into a bear market appeared first on Invezz.