Friday, April 19, 2024
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Bitcoin faces ‘considerable danger’ from Fed in 2023 — Lyn Alden

Bitcoin (BTC) still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action.That is according to economist Lyn Alden, who in private comments to Cointelegraph cautioned on Bitcoin staying bullish after its January gains.Alden: BTC price bottom is a "process"Optimism is increasing throughout crypto as BTC/USD broadly retains levels,

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Bitcoin’s Rivalry With Gold Plus Millennial Interest Gives It ‘Considerable’ Upside Potential: JPMorgan

Bitcoin has proven itself to be a risk asset, not a safe haven, with “considerable” potential upside, according to a Friday note from JPMorgan’s Global Quantitative and Derivatives Strategy team obtained by CryptoX.Writing to clients in “Flows & Liquidity,” one of JPMorgan’s flagship publications, the authors said that characterizing bitcoin

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