Bitcoin (BTC) Price Prediction: BTC/USD Resumes Range-

Bitcoin (BTC) Price Prediction: BTC/USD Resumes Range- Since 2017, the CEO has called Bitcoin (BTC) a fraud. He made particular reference to criminals who evade capture from authorities by operating their financial transactions in BTC rather than U.S. dollars. In an interview with Times of India, the CEO was asked whether Bitcoin or other cryptocurrency assets should be banned or regulated, Dimon responded: “I don’t care about Bitcoin. I think people waste too much time and breath on it. But it is going to be regulated. […] And that will constrain it to some extent. But whether it eliminates it, I have no idea and I don’t personally care. I am not a buyer of Bitcoin. That does not mean it can’t go 10 times in price in the next five years.” Nevertheless, JPMorgan has shown interest in the development and implementation of crypto and blockchain initiatives for the past years. Bitcoin (BTC) Price Prediction: BTC/USD Resumes Range-Bound Move as Bitcoin Holds Above $40k BTC/USD – 4 Hour Chart Meanwhile, Bitcoin has continued to fluctuate in a confined range as Bitcoin holds above $40K. Yesterday, buyers could not sustain the bullish momentum above the $44,000 high. Consequentially, BTC’s price has been falling to the lower price range at $40,000. If the current support is breached, the downtrend will resume. On the other hand, if the support holds, the BTC price will resume