{"id":76125,"date":"2024-03-25T09:00:37","date_gmt":"2024-03-25T09:00:37","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=76125"},"modified":"2024-03-25T09:00:37","modified_gmt":"2024-03-25T09:00:37","slug":"jpmorgan-bitcoin-still-overbought-despite-price-drop","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=76125","title":{"rendered":"JPMorgan: Bitcoin Still Overbought Despite Price Drop"},"content":{"rendered":"<p><img width=\"768\" height=\"432\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2024\/03\/jpmorgan-bitcoin-warning-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"JPMorgan: Bitcoin Still Overbought Despite Price Drop\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/03\/jpmorgan-bitcoin-warning-300x169.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/03\/jpmorgan-bitcoin-warning-1024x576.jpg 1024w, https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2024\/03\/jpmorgan-bitcoin-warning-768x432.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/03\/jpmorgan-bitcoin-warning-190x107.jpg 190w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/03\/jpmorgan-bitcoin-warning-380x214.jpg 380w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/03\/jpmorgan-bitcoin-warning-760x428.jpg 760w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/03\/jpmorgan-bitcoin-warning.jpg 1280w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\">Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto\u2019s recent price decline. JPMorgan\u2019s analysts expect continued selling pressure on bitcoin as the halving approaches, \u201cparticularly against a positioning backdrop that still looks overbought despite the past week\u2019s correction.\u201d JPMorgan: \u2018Bitcoin Remains in Overbought Territory\u2019 JPMorgan\u2019s analysts, led by global strategist [\u2026]<\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto\u2019s recent price decline. JPMorgan\u2019s analysts expect continued selling pressure on bitcoin as the halving approaches, \u201cparticularly against a positioning backdrop that still looks overbought despite the past week\u2019s correction.\u201d JPMorgan: \u2018Bitcoin Remains in Overbought Territory\u2019 JPMorgan\u2019s analysts, led by global strategist [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":76126,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-76125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/76125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76125"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/76125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/76126"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}