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Crypto Comeback this August? JP Morgan Predicts So!
Financial giant JPMorgan has just dropped a bombshell prediction: the crypto market could be staging a comeback as soon as August!
This news has sent ripples through the crypto community, sparking both excitement and skepticism. But before we get ahead of ourselves, let’s dive deeper into what’s really going on.
Now, you might be scratching your head because JPMorgan actually lowered its estimate for how much money is flowing into crypto this year. But hold on, this might not be as bad as it sounds. In the unpredictable world of crypto, stability can be a very good thing.
But before that, make sure you follow me on Substack @TheLuwizz for exclusive updates and financial advice you won’t find anywhere else — straight to your inbox for FREE!
Actually, JPMorgan thinks of recent events like the Mt. Gox payouts and the German government selling their Bitcoin might be a good thing for the market. It might sound weird, but these events might have scared off a lot of the “weak hands” — those who panic and sell their Bitcoin when things get a little bumpy. With those folks out of the picture, the market could be more…