Bitcoin (BTC) Could Drop as Much as $13,000 Due to FTX Crash, According to US Banking Giant JPMorgan

Analysts of the US investment bank JPMorgan think that Bitcoin (BTC) could drop as much as $13,000 due to the FTX collapse.

Analysts of banking giant JPMorgan, recent developments and production cost taking into account of bitcoin for $13,000 He predicted that it could go as low as Bitcoin production cost 15,000 Stating that it is at dollar levels, the company said that this situation was seen in the summer months. $13,000 He said he could go down to the level.

Can save companies with low capital but using high leverage number of stronger companies Mentioning that the reduction of if it continues He also stated that the “margin call” wave we are in could grow.

Mark Newton, Fundstrat’s head of strategy, said on Twitter. in the statementBitcoin $13,000 He said he would test it. In addition, Newton stated that if the volatility of the market increases, investors who “want the market to fall” may dominate and that Bitcoin will your $10,000 He said he could go under.

JPMorgan CEO Jamie Dimon, Bitcoin (BTC) “dirty” and “expensive” had stated that. The CEO said in a statement, “I don’t know why it’s valuable” he had stated.


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