JP Morgan Announces July and August Expectations for Bitcoin (BTC)!
JP Morgan analysts, Mt. Gox expects its creditors to sell some of their Bitcoin claims next month. According to analysts, this may initially put pressure on Bitcoin and the crypto market.
Selling pressure on Mt.Gox, which will begin repayments of Bitcoin (BTC) and Bitcoin Cash (BCH) in July, continues to create uncertainty in the BTC price.
At this point, some analysts think that users who receive BTC and BCH within the scope of Mt.Gox refunds may sell, while others think that Mt.Gox payments will have less impact on the price than expected.
Because these analysts do not expect users to sell BTC immediately.
