"Bitcoin" suffered heavy losses .. And expectations of continued bleeding

A recent report by Goldman Sachs confirmed that the massive rise in e-currency "in the form of" and reaching a record low in the short term will lead to a decline by half, after rising by an additional $ 500 to $ 4827, The fifth rally that could lead to that level.

Chiba Geffrey, an analyst at Goldman Sachs, said that after completing the currency rally, which is likely to be three quarters of the year, the markets will enter a corrective phase that will end with a 38.8 percent fall in the composition.

She pointed out that the corrective phase will fall in electronic currency to reach 2221 dollars.

Bitcoin hit a record high of $ 4348.23 yesterday, exceeding the $ 4133 price set by Jeffrey, which also expected the currency to fall sharply.

Electronic currencies are generally very volatile, with no central banks controlling their trading around the world.

And the collapse of "betcoin", which started trading in 2009 by about 9 percent during trading, on Tuesday, before the losses significantly reduced later in the trading.

The price of "betcoin" from the level of 4455 dollars to about 3906 dollars to lose 549 dollars in less than 12 hours of trading today, before rising again the highest level is 4000 dollars.

The market value of the world's largest electronic currency reached 68.5 billion dollars, compared to 73.4 billion dollars earlier in trading yesterday.

Last week, Petequin managed to surpass the $ 4,000 level for the first time ever.

Despite yesterday's losses, the currency is still up more than 320 percent since the beginning of this year, with expectations of a break of $ 7,500 by the end of this year.

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