RE: Bitcoin At $4,000 Says Goldman Sachs’ Head Of Technical Strategy

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Bitcoin At $4,000 Says Goldman Sachs’ Head Of Technical Strategy

in bitcoin •  8 years ago 

I like this breakdown. Thank you. I've heard as high as 10K Bitcoin this year. It would seem these guys could easily add that to the market cap along with a global FOMO frenzy that would accompany it. What do you think of that scenario?

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8 years ago by

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      ·  8 years ago 

    Thanks! We think a $10k by the end of the year scenario, fueled by FOMO could increase volatility significantly. Think about all those mainstream investors with a lot of muscle pulling in and out based on institutions like Goldman Sachs providing $4k or $5k predictions that turn out to be conservative. Add bot trading to the mix and you are in for a ride!

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