Analysts of one of the of the world's largest investment banks JP Morgan conducted a technical analysis of the bitcoin course and made several forecasts about future prices for crypto currency.
By According to analysts, the rate will depend on the course. Sorry for tautology. In other words, if bitcoin can overcome the psychological threshold in $ 10 000 s tail, then this will be a signal of stability for investors. In this scenario, there is a high probability of growth rate to $ 14 - 16 thousand. However, an uncertain attitude towards crypto-currencies with The authorities continue to embarrass investors, so the more likely scenario for JP analytics Morgan sees a further drop in bitcoin before marks in 4500 - 4600 dollars.
What is there with bitcoin
After a dizzying takeoff to mark in $ 20 000 per bitcoin, the most popular crypto currency shakes. AND if before the exchange fluctuated in both sides on plus or minus one thousand, then at February he sank to record $ 6 073. At the moment of writing a note he is $ 8 841. In crypto-investors blame the Chinese authorities and Facebook. The first continue to tighten the nuts of crypto-exchanges, the second banned the advertising of crypto-currency and block in largest in world of social networks.
Source: Business Insider
Read in Russian: Аналитики JPMorgan дали прогноз на падение цены биткоина