Reversing a bearish outlook for the value of bitcoin, Sheba Jafari, Chief Technician, Goldman Sachs this week told its clients that Bitcoin might reach a new high of over $3,600 very soon.
The movement is in line with Sheba’s earlier analysis, posted on 13th June, when she predicted that the value would drop below $2,000 for a short-time, as profiled by Business Insider.
Infact, since surpassing its incomparable high of over $3,000 on 12th June, the bitcoin value dumped to as low as $1,836 on the CoinDesk Bitcoin indicator. Shortly thenceforth, on its technical roadmap, it hit a one month high across all the major exchanges.
As of now Sheba Jafari believes that the value of bitcoin is fluctuation period, at least till a new wave of value growth begins.
Jafari noted, ”Anything higher than $3,000 can counsel potential to have already started wave V, that once more incorporates a minimum target at $2,988 and scope to achieve $3,691”.
Source : CoinDesk
and McAfee says it will be 500K in 3 years or....
Hahaha LoL
280K is correct.
I still believe overall that BTC is undervalued, and has plenty of growth ahead of it once the storm of August passes.
Exactly... after August it will ignite like a Rocket
Undervalued is understatement. Think about 40-50K $ per coin in 5 years and 400-500K $ in 10-15 years.
Great Post we are looking forward to seeing BITCOIN break past the $3000 Mark!
Yes Me too :)
Following as I like your posts
Me three.
It will halve before that owed to Chain Wars. People always think price moves straight in one line.
This could happen by the end of August or mid September.
Hmmm... Lets see
I don't think it plans to stop at 3691... just my thoughts.
Me too it will cross $5000 mark as well :)
Congratulations for this post, thanks for sharing!
Im following you !
Resteeming this to my followers. Hope it helps a little.
Thank you :) for helping me and your followers
I am excited to see where the price ends up going to from here.
I predict $5000 at the end of this year
Sheba's uncanny predictions smell more like trading on inside information on whales within Goldman Sachs. Makes me uneasy when someone is correct all too often on a $1,000 range in price of the number 1 crypto-currency.
Just my 2 cents
upvoted
HAHA ... You may be right ... no wonder they are so rich LOL
I think bitcoin is about to die, get replaced by more robust more versatile coins, looking at the latest charts, IOTA bucked the trend and shot up 7% instead of following BC down south, there will a few outstanding coins that will decouple from BC which will beccome clear next month. Just like a coup de tat...
The wall street sharks are pumping it up, just because they they hope to dump..
Well everything in the world has its time right now BTC is ruling maybe in the near future some other coin will come forward ... You might be right I think :)
I am also expecting the same it will break 3000 mark sooner or later. Not expecting too much price down from current price.
It can even break $5000 mark till the end of this year and I'm damn sure about this...
Thanks for reading :)
I´m now into learning the crypto currencies and this maybe helpful to understand it . Thanks for sharing ! Following , upvoted and resteemed...
Thank you soo much for reading this ... I'm glad you found this useful :)
Interesting. Good to see there is evidence to back this up.
What's the expected time-frame on this potential rise?
As my post says soon :)
Soon as in a few days? Weeks? Months? :)
I think after August
Good to know. Thanks :)
We should engage in each other's posts. Talk soon
at any given time, its still going to be above than dollar.. we can still make little profits
Yes definitely
If Goldman Sachs says Bitcoin is going to go up to $3,600, you should already know they are going to do their best to drive the price down before bringing it back up.
They want their profit!
LOL... why not
This is bad news....whenever everyone jumps on the bandwagon and predicts something is going to the moon, it crashes!
I dont think so that it will crash
They are likely underpricing all their clients piling money into crypto due to alpha FOMO after the SEC gives it the kiss of regulation
Only coins that say securities would be regulated and the exchanges selling security coins
This would be an outstanding move for Bitcoin. I think the market would def. have to rally assuming this takes place and all worthy altcoins would probably realize at least a 50 to 100% gain.
https://steemit.com/life/@greenbuff/goldman-releases-statement-to-bitcoin-investors
Just posted the same thing a bit ago :P Went ahead and upvoted you.
Not same as yours got reported by Cheetah for Copying and this was wrote by me and I got the info from coindesk which I sourced you got it from zeroedge
Yup! Sourced it first thing and put it all in quotes too, would ya look at that?
2 different sources, same info. Looks like mine got the info sooner. :) 2 days sooner to be exact.
lol whos got the bigger dick!? jk guys. checked both posts out and will gladly follow along with this info to see if it ends up being correct :)
Hey, I hope the info is correct and I bet he does too ;)
P.S. I've recently moved to Whaleclub for my trading. Whaleclub also gives you demo money to play with, to try it out before you commit any real money. Comment or PM me with any questions. I'd like to get a group of us together possibly to discuss current events in the crypto space :P
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When these rich guys start talking optimistically, it's time to brace yourselves for a mega crash. Don't forget the Waterloo battle outcome stock exchange manipulation by the Rothschilds.
HAHAAH LOL
Its always good to be on the big boys radars .
This post got a
1.54% upvote thanks to @tech-trends - Hail Eris !