Home Blockchain News Bitcoin Could Fall Below $1,260 if the Bear Market Continues: JP Morgan Analysts

Bitcoin Could Fall Below $1,260 if the Bear Market Continues: JP Morgan Analysts

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By CCN.com: Wall Street firm JP Morgan has predicted that HODLers should expect to experience more pain if the crypto winter persists. According to JPMorgan analysts, the price of bitcoin could fall to as low as $1,260, Reuters reports. The same analysts have, however, estimated that bitcoin’s ‘cost support’ is at around the $2,400 level.

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* First published on ccn.com

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