JPMorgan says Bitcoin futures are now oversold. At the same time, gold and silver futures seem to be overbought. The bank shared this view in a new market note JPMorgan says Bitcoin futures are now oversold. At the same time, gold and silver futures seem to be overbought. The bank shared this view in a new market note

JPMorgan Bitcoin Outlook Warns Of Oversold BTC Futures

3 min read

JPMorgan says Bitcoin futures are now oversold. At the same time, gold and silver futures seem to be overbought. The bank shared this view in a new market note released in late January.

According to JPMorgan’s Bitcoin outlook, investors have slowly moved money away from Bitcoin. Moving the funds towards gold and silver instead. This trend has been seen since August last year and because of this, market positions across assets now look very different.

Bitcoin Futures Show Signs of Weak Sentiment

Bitcoin futures have dropped a lot in recent months. JPMorgan notes that the relative strength index, or RSI, for Bitcoin futures fell to 22.4. So this level usually is a sign of being oversold.

In addition, open interest in Bitcoin futures has also fallen by around 15% since the fourth quarter of 2025. This drop shows that many traders closed their positions, but this also shows that selling pressure may be slowing down. Because of that, some analysts believe that Bitcoin could be getting close to a short-term bottom.

Gold and Silver Attract Strong Investor Demand

On the other hand, gold and silver have seen a lot of inflows. Investors poured about $8.7 billion into gold ETFs and for silver ETFs also around $2.3 billion. These strong inflows pushed futures prices even more, so as a result, JPMorgan now sees both metals as overbought.

Central bank gold buying has also played a key role. Many countries continue to add gold to their reserves. This trend supports higher prices and stronger demand.

Why Investors Are Rotating Away From Bitcoin

A lot of macro factors can explain why this change happened. First, global economic uncertainty is still high, and second, interest rate expectations keep on changing. Due to this, a lot of investors prefer assets they see as safer, mostly like gold or silver that have a good reputation everywhere. 

Still, JPMorgan does not dismiss Bitcoin’s role. The bank notes that Bitcoin is still seen to be a good alternative in times of liquidity stress.

Market Reactions Point to a Possible Bitcoin Rebound

Early reactions on social media suggest mixed views. Some traders see Bitcoin’s oversold level as a buying opportunity, while others are still cautious due to weak momentum. Moreover, silver also faces risks because prices have gone up to almost 40% since October. This sudden climb makes the chance of a pullback more.

Overall, JPMorgan’s Bitcoin outlook shows a clear shift in market behavior. While precious metals lead in the short term, Bitcoin may soon regain attention if sentiment turns.

The post JPMorgan Bitcoin Outlook Warns Of Oversold BTC Futures appeared first on Coinfomania.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Enters ‘Washout Zone,’ Then Targets $30, Crypto Analyst Says

XRP Enters ‘Washout Zone,’ Then Targets $30, Crypto Analyst Says

XRP has entered what Korean Certified Elliott Wave Analyst XForceGlobal (@XForceGlobal) calls a “washout” phase inside a broader Elliott Wave corrective structure
Share
NewsBTC2026/02/05 08:00
Republicans are 'very concerned about Texas' turning blue: GOP senator

Republicans are 'very concerned about Texas' turning blue: GOP senator

While Republicans in the U.S. House of Representatives have a razor-thin with just a four-seat advantage, their six-seat advantage in the U.S. Senate is seen as
Share
Alternet2026/02/05 08:38
Headwind Helps Best Wallet Token

Headwind Helps Best Wallet Token

The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27