# JPMorgan Chase analyst: Bitcoin rebound may be a tactical adjustment 📈

JPMorgan Chase analysts recently said that any rebound in Bitcoin prices may only be a temporary tactical adjustment rather than the beginning of a long-term upward trend. The current price of Bitcoin is about $67,500, which is higher than its production cost and the volatility-adjusted gold price.

Analysts pointed out that the liquidation volume after July has decreased, and Bitcoin futures are expected to rebound from August. What do you think? Welcome to share your views in the comment area!