JPMorgan signals August for bullish in Bitcoin and cryptocur | BitcoinPrinces on Binance Square

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JPMorgan signals August for bullish in Bitcoin and cryptocurrencies
In the report published by banking giant JPMorgan, it was noted that the cryptocurrency market is expected to rise again in August.
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What Gensler wanted happened: There was no good news for crypto from the parliament The desired result in the annulment of the veto decision taken by US President Joe Biden against an important crypto bill, did not result. For the cancellation of the veto, a majority of 2 out of 3 (290 out of 435 deputies) had to vote in this direction. The crypto sector did not hope for, and 228 deputies voted for the annulment of the veto, while 184 deputies voted to approve Biden's decision. #UnitedStates #BidenSupportsGensler #Crypto

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3 days ago, the German government had a $2 Billion #Bitcoin. Currently, only $823 Million remains. The German government's FUD is about to end. There is also US inflation data tomorrow. Who will hold #BTC now? I'm very curious. Taurus is not far away 👀 #Bitcoin #Germany $BTC

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Daily News 🗞️ US inflation was announced as 3%. The expectation was 3.1%. The probability of a discount in interest rate terms in September is now priced as 85% instead of 70%. Fed swaps are pricing that there will be more relaxation in 2024 following inflation data. #UnitedStates #FedRateDecisions #Bitcoin $BTC

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BITCOIN PRICE PREDICTION End of 2024: Price Prediction: - Estimates can usually be in the range of $50,000 - $80,000. Factors: 1. Halving Effect: Bitcoin's halving event, which will take place in 2024, halves mining rewards, which could lead to a decrease in supply and an increase in prices. 2. Regulations: Tightening or loosening of cryptocurrency regulations globally can have a direct impact on prices. 3. Institutional Investments: The interest and investments of large financial institutions and companies in Bitcoin can raise the price. 4. Macroeconomic Factors: Global economic conditions, inflation rates and central banks' policies may affect Bitcoin demand. Mid 2025: Price Prediction: - Estimates can usually be in the range of $60,000 - $100,000. Factors: 1. Technological Advances: Advances in Bitcoin's technological infrastructure and scalability solutions such as the Lightning Network can increase adaptation. 2. Adoption: The fact that more companies and countries accept and use Bitcoin can positively affect the price. 3. Geopolitical Risks: Global economic uncertainties and geopolitical risks can cause investors to turn to alternative assets such as Bitcoin. 4. Alternative Cryptocurrencies: The development of other cryptocurrencies and blockchain projects and the role of Bitcoin in this ecosystem can affect the price. End of 2025: Price Prediction: - Estimates can usually be in the range of $70,000 - $120,000. Factors: 1. Market Sentiment: Market sentiment and investor behavior can have a big impact on prices. Especially the movements of large whales can fluctuate prices. 2. Government Policies: Governments' policies regarding cryptocurrencies in different parts of the world may affect the legal status and use of Bitcoin. 3. Financial Innovations: DeFi (Decentralized Finance) and other blockchain-based financial innovations can boost demand for Bitcoin. 4. Security: Cyberattacks or vulnerabilities against Bitcoin and other cryptocurrency exchanges can affect investor confidence. #Bitcoin #BinanceTournament $BTC

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NEWS 🗞️ | Heavyweights attended crypto meeting: Biden's advisor couldn't hide his surprise A meeting was held in Washington under the leadership of the heavyweight of the crypto industry under the leadership of US Congressman and deputy Ro Khanna and businessman Mark Cuban. While Biden's chief advisor also attended the meeting, which was closely followed by the US financial media, it was stated that the complaints and words of the crypto company executives about the Democratic Party and the SEC president Gensler surprised the advisor. “You screwed up everything in the crypto business,” one participant told the advisor, it was stated. #Washington #BidenSupportsGensler #Crypto

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