JPMorgan Chase & Co. analysts have identified a key support level for Bitcoin at approximately $77,000, signaling a strong price floor for the leading cryptocurrency despite recent market fluctuations. In a research note led by analyst Nikolaos Panigirtzoglou, the bank expressed a bullish sentiment regarding the digital asset’s trajectory, maintaining a ‘positive’ outlook for the broader crypto market heading into 2026. The report suggests that while the market may experience short-term volatility, the underlying demand from institutional investors and the maturation of spot ETFs provide a robust foundation for recovery. Furthermore, JPMorgan highlights that the $77,000 threshold represents a significant psychological and technical level where buying interest is expected to intensify. Looking ahead to 2026, the analysts cite potential regulatory clarity and further integration of blockchain technology into traditional finance as primary drivers for the next phase of the crypto bull cycle.
Source: JPMorgan sees bitcoin support near $77,000, remains ‘positive’ on crypto in 2026
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