Less than two months ago, JP Morgan analyst Nikolaos Panigirtzoglou found himself firmly inside the crowded group of Wall Street’s bitcoin bears. Now, he’s predicting that the flagship cryptocurrency could be poised for a major comeback — at least in the long run. JP Morgan Analyst Backtracks on Bitcoin Speaking during an interview on CNBC’s Futures Now, Panigirtzoglou said that the cryptocurrency market’s recent struggles could set the stage for future institutional adoption, which many bulls predict will spur the next great bitcoin bull run. “The stability that we are seeing right now in the cryptocurrency market is setting The post Why This Former JP Morgan Bitcoin Bear Says Crypto Could Make a Major Comeback appeared first on CCN
