Positive.

From Investing.com

July 12, 2024 07:00 AM:

According to JPMorgan, Bitcoin is poised for a new rally. The financial institution predicts that the cryptocurrency could reach $146,000 in the long term. This forecast is based on Bitcoin’s volatility decreasing and its correlation with traditional assets declining. JPMorgan’s positive outlook suggests potential growth opportunities for investors in the cryptocurrency market.

Read more at Investing.com: Bitcoin: New rally is on the way – JPMorgan