JPMorgan Strategist Claims that Bitcoin Futures Backwardation Points Towards Bear Market

JPMorgan Chase financial Analyst and Advisor Nikolas Panigirtzoglou issued a suggestion note for their clients. The note issued claims to take notice of the difference between the spot prices and futures prices trends for the flagship cryptocurrencies. It should be noted that spot price refers to t…

By Hassan Mehmood · Updated Jun 14, 2021