#RiskAssetsMarketShock JPMorgan Predicts $BTC Price Will Reach $266K 🚨

JPMorgan says the price of Bitcoin may reach $266,000 in the long term 🚀, but warns that the current downward trend is still intact and the crypto market is at significant risk 📉.

Since last October, the $BTC price has dropped more than 50%, and analysts do not see any clear bullish breakout. As I mentioned earlier, the crypto community is now divided into two groups: those who are actively trading and analyzing, and those who consistently predict an upward trend — that is, traders versus holders/optimists.

Traders should prepare for another significant drop. The price of Bitcoin is expected to retrace to around $57,500 (61.8% Fibonacci level) ⚠️. These targets mean that short-term traders may face heavy risks, while only long-term spot buyers may be waiting for a potential major upward trend.

On the positive side, JPMorgan highlights that Bitcoin looks more attractive compared to gold — the BTC to gold volatility ratio has dropped to 1.5, one of the lowest ever 💰. This makes BTC more appealing to some institutional investors.

$ETH is also in a downward trend, down about 55% from its peak and showing a clear daily bearish pattern — more downward movement may be seen for ETH 🧭.

There are forecasts for a major upward trend, but the current outlook remains cautious. Long-term investors may find opportunities; active traders must manage risk carefully. Follow me for more of the latest updates on the crypto market @TZ_Crypto_Insights

#RiskAssetsMarketShock #WhenWillBTCRebound #JPMorganSaysBTCOverGold #JPMorganBitcoin #BTCVSGOLD