{"id":629817,"date":"2024-07-15T16:30:30","date_gmt":"2024-07-15T16:30:30","guid":{"rendered":"https:\/\/wncen.com\/?p=629817"},"modified":"2024-07-15T13:36:04","modified_gmt":"2024-07-15T13:36:04","slug":"jpmorgan-bitcoin-bull-market","status":"publish","type":"post","link":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/","title":{"rendered":"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When"},"content":{"rendered":"

American multinational finance company, JP Morgan has maintained a bullish stance on the <\/span>Bitcoin price outlook<\/span><\/a> despite recent bearish trends. The bank has announced the timeline for the conclusion of the <\/span>ongoing BTC liquidations<\/span><\/a>, predicting a subsequent rebound in the market.\u00a0<\/span><\/p>\n

JP Morgan Predicts Bitcoin Market Rebound In August<\/h2>\n

In a research report on Wednesday, JP Morgan suggested that BTC liquidations should abate this July, foreseeing the start of a <\/span>strong bull market<\/span><\/a> as bearish trends caused by sell-offs subside. While the bank believes that a <\/span>market recovery is imminent<\/span><\/a>, it is also skeptical about the sustainability of high Bitcoin inflows in its year-to-date flow into crypto assets.<\/span><\/p>\n

Related Reading: Dogecoin Sees 868% Spike In Whale Buys, Bulls Ready For Breakout Rally<\/a><\/div>\n

For one, JP Morgan has revised and grossly reduced its former year-to-date crypto net flow from $12 billion to $8 billion. So far this year, <\/span>Spot Bitcoin ETFs<\/span><\/a> have been the major driver for substantial inflows into the crypto market.\u00a0<\/span><\/p>\n

JP Morgan\u2019s skepticism also stems from Bitcoin\u2019s high price relative to its production cost and the <\/span>price of gold<\/span><\/a>. A crypto analyst from the bank, Nikolaos Panigirtzoglou has suggested that the bank\u2019s reduction in the estimated year-to-date net flow was also due to the recent <\/span>decline in Bitcoin reserves<\/span><\/a> across exchanges.\u00a0<\/span><\/p>\n

The <\/span>decline<\/span><\/a> in Bitcoin reserves over the past month is believed to be a result of the ongoing selling pressures and widespread BTC liquidations executed by <\/span>Mt Gox creditors<\/span><\/a> and the German government. As mentioned earlier, JP Morgan has predicted that this BTC sell-off will officially end in July, giving rise to a substantial <\/span>bullish rally for Bitcoin<\/span><\/a> in August.<\/span><\/p>\n

Following the bank\u2019s predictions, many crypto analysts and community members have <\/span>suggested<\/span><\/a> that the recent upsurge in Bitcoin\u2019s price is the continuation of a strong bull market.\u00a0<\/span><\/p>\n

A crypto analyst identified as \u2018CryptoYoddha\u2019 on X (formerly Twitter) has <\/span>revealed<\/span><\/a> that the German government was preparing to sell their remaining BTC just before the bull run. Despite the <\/span>aggressive selling by the German government<\/span><\/a> and the subsequent market turmoil, the analyst noted that Bitcoin still appears bullish.\u00a0<\/span><\/p>\n

About The Ongoing BTC Liquidations<\/h2>\n

Earlier in June, Mt Gox announced that it would be making repayments to creditors in July. While the defunct Bitcoin exchange\u2019s decision to start its repayment process comes as good news to creditors, there is also an <\/span>underlying unease<\/span><\/a> concerning potential Bitcoin sell-offs.<\/span><\/p>\n

Related Reading: Ethereum Bulls Gear Up For Recovery \u2013 Can Spot ETFs Push Price To New Highs?<\/a><\/div>\n

With creditors steadily receiving part of <\/span>Mt Gox\u2019s 142,000 BTC payment<\/span><\/a> worth about $9 billion, the market fears are somewhat justified as a widespread Bitcoin dump would have a major <\/span>impact on the price of the cryptocurrency<\/span><\/a>. In addition to Mt Gox\u2019s substantial Bitcoin redistribution plans, the German government has also been seen <\/span>selling<\/span><\/a> almost 100% of its Bitcoin holdings seized from criminals.\u00a0<\/span><\/p>\n

These <\/span>substantial crypto liquidations<\/span><\/a> have put a major damper on the price of Bitcoin, triggering <\/span>serious price declines<\/span><\/a> that have significantly delayed the highly anticipated Bitcoin bull run. A crypto analyst identified as \u2018Rekt Capital\u2019 has <\/span>indicated<\/span><\/a> that the Bitcoin bull market based on standard halving cycles has already advanced by 40.1%.\u00a0<\/span><\/p>\n

\"Bitcoin
BTC bulls push price above $62,000 | Source: BTCUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends. The bank has announced the timeline for the conclusion of the ongoing BTC liquidations, predicting a subsequent rebound in the market.\u00a0 JP Morgan Predicts Bitcoin Market Rebound In August In a research report on Wednesday, JP Morgan suggested that BTC liquidations should abate this July, foreseeing the start of a strong bull market as bearish trends caused by sell-offs subside. While the bank believes that a market recovery is imminent, it is also skeptical about the sustainability of high Bitcoin inflows in its year-to-date flow into crypto assets. Related Reading: Dogecoin Sees 868% Spike In Whale Buys, Bulls Ready For Breakout Rally For one, JP Morgan has revised and grossly reduced its former year-to-date crypto net flow from $12 billion to $8 billion. So far this year, Spot Bitcoin ETFs have been the major driver for substantial inflows into the crypto market.\u00a0 JP Morgan\u2019s skepticism also stems from Bitcoin\u2019s high price relative to its production cost and the price of gold. A crypto analyst from the bank, Nikolaos Panigirtzoglou has suggested that the bank\u2019s reduction in the estimated year-to-date net flow was also due to the recent decline in Bitcoin reserves across exchanges.\u00a0 The decline in Bitcoin reserves over the past month is believed to be a result of the ongoing selling pressures and widespread BTC liquidations executed by Mt Gox creditors and the German government. As mentioned earlier, JP Morgan has predicted that this BTC sell-off will officially end in July, giving rise to a substantial bullish rally for Bitcoin in August. Following the bank\u2019s predictions, many crypto analysts and community members have suggested that the recent upsurge in Bitcoin\u2019s price is the continuation of a strong bull market.\u00a0 A crypto analyst identified as \u2018CryptoYoddha\u2019 on X (formerly Twitter) has revealed that the German government was preparing to sell their remaining BTC just before the bull run. Despite the aggressive selling by the German government and the subsequent market turmoil, the analyst noted that Bitcoin still appears bullish.\u00a0 About The Ongoing BTC Liquidations Earlier in June, Mt Gox announced that it would be making repayments to creditors in July. While the defunct Bitcoin exchange\u2019s decision to start its repayment process comes as good news to creditors, there is also an underlying unease concerning potential Bitcoin sell-offs. Related Reading: Ethereum Bulls Gear Up For Recovery \u2013 Can Spot ETFs Push Price To New Highs? With creditors steadily receiving part of Mt Gox\u2019s 142,000 BTC payment worth about $9 billion, the market fears are somewhat justified as a widespread Bitcoin dump would have a major impact on the price of the cryptocurrency. In addition to Mt Gox\u2019s substantial Bitcoin redistribution plans, the German government has also been seen selling almost 100% of its Bitcoin holdings seized from criminals.\u00a0 These substantial crypto liquidations have put a major damper on the price of Bitcoin, triggering serious price declines that have significantly delayed the highly anticipated Bitcoin bull run. A crypto analyst identified as \u2018Rekt Capital\u2019 has indicated that the Bitcoin bull market based on standard halving cycles has already advanced by 40.1%.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":629840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,83386],"tags":[428,656,679,1119,89185,1122,1144,78790,5233,6664,15561,10923,14690,1558,1564,2628,89684],"class_list":["post-629817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-crypto","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-bull-run","tag-crypto","tag-crypto-adoption","tag-crypto-market","tag-crypto-news","tag-cryptocurrency","tag-cryptocurrency-market","tag-jpmorgan","tag-jpmorgan-news"],"acf":[],"yoast_head":"\nJPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When<\/title>\n<meta name=\"description\" content=\"American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When\" \/>\n<meta property=\"og:description\" content=\"American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-15T16:30:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-15T13:36:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When\",\"datePublished\":\"2024-07-15T16:30:30+00:00\",\"dateModified\":\"2024-07-15T13:36:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/\"},\"wordCount\":570,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024\",\"keywords\":[\"bitcoin\",\"Bitcoin news\",\"bitcoin price\",\"btc\",\"BTC news\",\"btc price\",\"btcusd\",\"BTCUSDT\",\"bull run\",\"crypto\",\"crypto adoption\",\"crypto market\",\"crypto news\",\"cryptocurrency\",\"cryptocurrency market\",\"jpmorgan\",\"JPMorgan news\"],\"articleSection\":[\"Bitcoin\",\"Crypto\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/\",\"url\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/\",\"name\":\"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024\",\"datePublished\":\"2024-07-15T16:30:30+00:00\",\"dateModified\":\"2024-07-15T13:36:04+00:00\",\"description\":\"American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"crypto bitcoin bull run\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When","description":"American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/","og_locale":"en_US","og_type":"article","og_title":"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When","og_description":"American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends.","og_url":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-07-15T16:30:30+00:00","article_modified_time":"2024-07-15T13:36:04+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When","datePublished":"2024-07-15T16:30:30+00:00","dateModified":"2024-07-15T13:36:04+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/"},"wordCount":570,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024","keywords":["bitcoin","Bitcoin news","bitcoin price","btc","BTC news","btc price","btcusd","BTCUSDT","bull run","crypto","crypto adoption","crypto market","crypto news","cryptocurrency","cryptocurrency market","jpmorgan","JPMorgan news"],"articleSection":["Bitcoin","Crypto"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/","url":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/","name":"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024","datePublished":"2024-07-15T16:30:30+00:00","dateModified":"2024-07-15T13:36:04+00:00","description":"American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends.","breadcrumb":{"@id":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024","width":1792,"height":1024,"caption":"crypto bitcoin bull run"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\u2019s When","url":"http:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/crypto\/jpmorgan-bitcoin-bull-market\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin price","btc","btc news","btc price","btcusd","btcusdt","bull run","crypto","crypto adoption","crypto market","crypto news","cryptocurrency","cryptocurrency market","jpmorgan","jpmorgan news"],"dateCreated":"2024-07-15T16:30:30Z","datePublished":"2024-07-15T16:30:30Z","dateModified":"2024-07-15T16:30:30Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here\\u2019s When\",\"url\":\"http:\\\/\\\/wncen.com\\\/crypto\\\/jpmorgan-bitcoin-bull-market\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/crypto\\\/jpmorgan-bitcoin-bull-market\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/crypto-bitcoin-bull-run.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\",\"bull run\",\"crypto\",\"crypto adoption\",\"crypto market\",\"crypto news\",\"cryptocurrency\",\"cryptocurrency market\",\"jpmorgan\",\"jpmorgan news\"],\"dateCreated\":\"2024-07-15T16:30:30Z\",\"datePublished\":\"2024-07-15T16:30:30Z\",\"dateModified\":\"2024-07-15T16:30:30Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/crypto-bitcoin-bull-run.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/629817"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=629817"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/629817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/629840"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=629817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=629817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=629817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}