Grantham: Bitcoin to Fade With a Whimper

Jeremy Grantham dismissed Bitcoin outright, predicting crypto will fade 'with a whimper' rather than a bang.

Price sits at $60747.07 inside Bollinger Bands with upper resistance at $62177.67. The 4h structure shows bearish EMA50 at $61918.02 capping upside while MACD golden cross hints at short-term momentum; a test of lower band support near $58704.37 remains the next logical move before any sustained recovery. This aligns with Bitcoin market reaction to institutional criticism history and fresh BTC price prediction models.