BTC/USD Analysis: JP Morgan Analysts Warn of a Possible Correction

<p><img width="612" height="349" src="https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin36.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin36.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin36-600×342.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin36-150×86.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin36-300×171.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Last week, the BTC/USD rate rose to the level of USD 38k per coin on the excitement associated with the expected launch of a spot Bitcoin ETF. However, as the week begins, bitcoin price performance shows signs that the hype appears to be waning: the speed with which the price dropped from the upper boundary […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527306-btc-usd-analysis-jp-morgan-analysts-warn-of-a-possible-correction/">BTC/USD Analysis: JP Morgan Analysts Warn of a Possible Correction</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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