Goldman Sachs says bitcoin may rise about $500 more, before losing half its value

in #bitcoin7 years ago

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  • Goldman Sachs' chart analyst Sheba Jafari said in a Sunday report that bitcoin could reach $4,827, about $500 more than Monday's record high above $4,300.

  • Once bitcoin hits that level, Jafari estimates it could drop as far as $2,221.

  • That said, bitcoin will need to fall under $2,935 "to signal that a top is already in place," the report said.

Source. Cnbc

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Source: https://www.cnbc.com/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html

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Thank You!

They might be right about that, I'm sensing a real pull back from bitcoin in the not too distant future.