JPMorgan Says “Prepare for a Short Covering Rally Amidst Spot ETF Preparation”: Market Is Oversold

The post JPMorgan Says “Prepare for a Short Covering Rally Amidst Spot ETF Preparation”: Market Is Oversold appeared first on Coinpedia Fintech News Bitcoin’s rebound is in full swing! Mining profitability hits a 4-month high, while experts see an imminent surge towards $45K. Is an ETF finally on the horizon? Keep an eye on the $40K target. At approximately $36,000, prices have witnessed a significant surge, prompting JPMorgan analysts to raise questions about the rally’s sustainability. The …