Hey there, crypto enthusiasts! It seems like Mt. Gox creditors are gearing up to shake things up in the crypto market. According to a report by JPMorgan, if a wave of liquidations hits the market next month, we might witness some serious selling pressure in July.
But hold onto your seats because there’s a silver lining! The report suggests that after the storm of selling in July, the markets could bounce back like a spring chicken in August. So, it’s like a rollercoaster ride with some twists and turns ahead.
As we peek into the crystal ball, the forecast for July shows a stormy weather of selling pressure, but don’t fret, as August might bring us a ray of hope and a chance to ride the crypto waves once again.
So, buckle up, folks! July might make us feel like we’re in a crypto whirlwind, but August could be the calm after the storm. Let’s keep our eyes on the prize and stay strong in this unpredictable crypto world.