{"id":807,"date":"2024-10-07T19:02:09","date_gmt":"2024-10-07T19:02:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=807"},"modified":"2024-10-07T19:02:09","modified_gmt":"2024-10-07T19:02:09","slug":"bitcoins-uptober-upswing-will-resume-soon-jpmorgan","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=807","title":{"rendered":"Bitcoin&#8217;s &#8216;Uptober&#8217; Upswing Will Resume Soon: JPMorgan"},"content":{"rendered":"<div>\n<p><strong>JPMorgan<\/strong> analysts identified <strong>several key catalysts<\/strong> that could shape the cryptocurrency market in the coming months, highlighting a mix of seasonal trends, macroeconomic factors and technological developments.<\/p>\n<p><strong>What Happened: <\/strong>The analysts pointed to the historical \u201cUptober\u201d trend, noting that over 70% of Octobers yielded positive returns for <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), The Block <a href=\"https:\/\/www.theblock.co\/post\/319798\/jpmorgan-analysts-identify-key-catalysts-shaping-cryptos-near-term-outlook?utm_source=rss&amp;utm_medium=rss\">reported<\/a> on Monday. They suggested this popularized concept could influence investor behavior, potentially leading to a positive month for Bitcoin in October.<\/p>\n<p>The analysts also noted the market has \u201cyet to see the \u2018pop\u2019 in cryptocurrency prices expected from lower rates since the <a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/10\/41203417\/david-roche-warns-of-market-instability-from-feds-50-basis-point-cut-us-economy-is-\">Fed\u2019s Sep. 18 cut<\/a>.\u201d They suggest the market might be waiting for more sustained stability &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41214901\/bitcoins-uptober-upswing-will-resume-soon-jpmorgan\" alt=\"Bitcoin's\" upswing will resume soon: jpmorgan>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan analysts identified several key catalysts that could shape the cryptocurrency market in the coming months, highlighting a mix of seasonal trends, macroeconomic factors and technological developments. What Happened: The analysts pointed to the historical \u201cUptober\u201d trend, noting that over 70% of Octobers yielded positive returns for Bitcoin (CRYPTO: BTC), The Block reported on Monday. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-807","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=807"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/807\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}