📉 Bitcoin has lost support at $99 000 and is trading around $98 300, resulting in the liquidation of long positions only in Bitcoin amounting to $200 million over the last 12 hours.
JPMorgan analysts reassured the crypto community that the room for price decline from the current level is "very limited," and support is around $94 000.
✅ At the same time, the published report confirms last year's forecast of a target price of $170 000 for the next 6-12 months.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🟠 Bitcoin may drop to $94 000
📉 Bitcoin has lost support at $99 000 and is trading around $98 300, resulting in the liquidation of long positions only in Bitcoin amounting to $200 million over the last 12 hours.
JPMorgan analysts reassured the crypto community that the room for price decline from the current level is "very limited," and support is around $94 000.
✅ At the same time, the published report confirms last year's forecast of a target price of $170 000 for the next 6-12 months.