Wall Street Aims to Make Sense of Confounding Bitcoin Swings

  • Bitcoin had a volatile weekend after last week’s crypto crash
  • JPMorgan team says too early to call end to Bitcoin decline
WATCH: As Bitcoin’s extreme volatility continued, other cryptocurrencies including Ethereum and Dogecoin also slumped.(Source: Bloomberg)
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Wall Street strategists face an almost impossible task in trying to analyze the outlook for Bitcoin and other tokens after a volatile rout. Even so, they are still trying, and some see the risk of more trouble ahead.