JP Morgan says Bitcoin might climb larger for eight weeks – cites 'Trump commerce'

JP Morgan like BTC via to 12 months finish:

• “We proceed to see room for the Trump commerce to reverberate over the approaching eight weeks or so similarly to 2016,”

And past:

• “Trump insurance policies are more likely to be supportive of each into 2025”

JPM say gold and BTC will profit from a “debasement commerce” because of rising dangers related to tariffs and geopolitics

• a hedge towards weakening currencies
• a hedge towards geopolitical headwinds

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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