Topic: JP Morgan analysts predict continuous sinking on BTC prices (Read 408 times)
It seems that until now, what happened to the bitcoin market, is very different from what was revealed by analysts JP Morgan. As we have seen, in the past few months, there has been a very high price increase for bitcoin. That way, do we still believe in institutions like JP Morgan?
The decline in the price of Bitcoin can be attributed to the fact the most of these big guys who never wanted the existence of Bitcoin. They have been operating the financial world alongside manipulation, so, they thought that they could get the same result as that of fiat. With the recent decline in the prince of Bitcoin, there is hope for the holders on a long term.
This was written January this year. I hope no one took the analysis serious because more money has been made since and a lot of adoption has since taken effect. People are wiser than the suppose expert now.
Maybe the current situation on the market is showing possibilities for further corrections of price. So what, there is no room for drama.and nothing unsual that we haven't already seen.
I have the feeling that the only purpose of such news is to discourage Bitcoin users and set some kind of fear. But Bitcoin users should have known better by now.
I have the feeling that the only purpose of such news is to discourage Bitcoin users and set some kind of fear. But Bitcoin users should have known better by now.
Nice try for a price manipulation by fud. You just know they are getting in to this no matter what the price is right now 
The likes of JP Morgan are not to be trusted when it comes to bitcoin, they profit when bitcoin crashes and will always create FUD jsut to see that happen.They go behind the curtains to purchase bitcoins for their " clients"
After all those years they have been saying that but history will tell them at it's not going to be so, Bitcoin will still in demand and Bitcoin still cover territories, like what it's been doing for the last ten years, this is old news actually, they will keep these FUDS every time Bitcoin goes down.
It's funny to read such threads after the time has shown that the 'analysts' were actually wrong. Bitcoin almost tripled in price since January, when someone was sure the price will go down and down. It's also a good practice to go through such things, just to remember that when people are saying the same thing these days since Bitcoin dropped below $10k, they might be just as wrong, and the real bullish trend might be around the corner. Many people in the comments stayed positive even when the price was devastating, though. Good to see how the community is getting more and more mature. 
After all those years they have been saying that but history will tell them at it's not going to be so, Bitcoin will still in demand and Bitcoin still cover territories, like what it's been doing for the last ten years, this is old news actually, they will keep these FUDS every time Bitcoin goes down.
It seems to be a kind of manipulation, even without his prediction it is true that the value of bitcoin along with other altcoins will progress forward reaching big after sinking to certain value. This isn't the first time, every time the growth of bitcoin takes place in such a manner. Following bitcoin the growth gets reflected over other cryptocurrencies as each and every cryptocurrency in the market has got direct or indirect dependence over bitcoin.
it is well said that the prices of crypto currency will increase in the near future and also it does not at any point in time say that the prices will appreciate as soon as possible so i think the predictions are close to reality as the massive adoption of blockchain technology increases and also the SEC hastens on its conclusion on the decision making.
Today, another wave of decline, though small, has already followed. But all the evidence suggests that further decline will continue.
All the interesting and important events that were to take place in January either postponed or canceled and the reasons for growth become less.
As a result, traders close their positions in anticipation of the next news stuffing.. Until only remains sit and wait
All the interesting and important events that were to take place in January either postponed or canceled and the reasons for growth become less.
As a result, traders close their positions in anticipation of the next news stuffing.. Until only remains sit and wait
Many personals who doesn't like and no understanding regarding bitcoin will always say these kinds of things and it is our choice whether to listen and get panic or not because if we look into the past any dip didn't last longer and Bitcoin will be better than fine in the future and many predict Bitcoin will be considered as a mainstream currency in the world and Bitcoin will definitely change the inefficient banking system and other traditional and non advanced organizations by proving Blockchain based decentralized crypto transaction system to make faster, secure and better payments and transactions for any need from anywhere in the world at any time so in the future these qualities will make Bitcoin more popular among many individuals in the world so even the price has dropped there will be a certain rise very soon and that is why BTC will never continue to sink
There are many predictions in this market, most of which are wrong. This is just another number being floated around. Someone is going to be right, and it won't be this jp morgan so called expert.
As I can expect that the value begin to show it's true value so the downtrend is happening right now.
Of course I'm not expect this to happen but if the market really want to show in this zone, we can't do nothing as investor.
But for me, since I still believe on it, I keep hold as long as possible
Of course I'm not expect this to happen but if the market really want to show in this zone, we can't do nothing as investor.
But for me, since I still believe on it, I keep hold as long as possible
JP Morgan is used to manipulating classic exchanges. I think they're trying the same thing on crypto coins. Unfortunately, the crypto money market is also suits.
Well i wouldn't expect them to make statements in favor of crypto anyways. These bankers of course would have to look after their own. Jp morgan has done this kind of stunt a lot of times in the past, nothing really special about the most recent fud-inspiring statement.
JP Morgan is used to manipulating classic exchanges. I think they're trying the same thing on crypto coins. Unfortunately, the crypto money market is also suits.
we all are aware of JP Morgan Shit people's attitude toward crypto, no worries, we don't give any shit to their thought, also.
the news seems excessive with words that might make people panic, I see it's not too interesting so much news about JP Morgan that I read and not like they say, I better wait for the right time to really buy it cheap
I feel disappointed and at the same time worried reading Dimon analyst but my only consolation is the last part of the article where it mentions @galaxybtc
he said and I quote
I hope we can see the light on this predictions.
he said and I quote
Quote
to post about the possible situation of the cryptocurrency market, and what might be its outcome. He said that the decrease in crypto prices could be somehow similar to the bear market that has happened on 2014-2015. During those times, the bear market lasted for 420 days. On his prediction, if the situation that has happened before and what is being experienced now, then the downturn will be nearing to its end.
I hope we can see the light on this predictions.
I'm tired of hearing things like this. they just scared the bitcoin holders and influenced to sell the bitcoin they owned. Whereas if the effect of this article is successful then they will benefit because they can get a lot of bitcoin at a relatively cheap price. At the moment I think the price of bitcoin has been very stable and if it experiences a decline it will not be too drastic like what happened before.
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