Bitcoin May Reach New High Over $3,600 - CoinDesksteemCreated with Sketch.

in bitcoin •  7 years ago 

dff.jpg

" Anything above 3,000 (June 13th high) will suggest potential to have already started wave V, which again has a minimum target at 2,988 and scope to reach 3,691, "

Jafari wrote in the note.

Reversing a bearish outlook for the price of bitcoin, Goldman Sachs chief technician Sheba Jafari told clients in a new report this week that the cryptocurrency may reach a new high over $3,600 soon.

As profiled by Business Insider, the movement is in line with Jafari's earlier analysis, reported on June 13, when she suggested the price would temporarily drop below $2,000, only to then turn bullish.

Indeed, since surpassing its all-time high over $3,000 on June 12, the bitcoin price tumbled to as low as $1,836 on the CoinDesk Bitcoin Price Index. Shortly thereafter, it hit a one-month high across major exchanges amid progress on its technical roadmap.

With this much foreseen, Jafari now believes the price of bitcoin is in for a period of fluctuation, at least until a new wave of price growth begins.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Nice post. Just got your info from a reply in youtube 'how to use steemit'. If your still looking for a group for steemvoter.com 'Iv just started a group and I'm happy to add you if you add me @bluntendo. look forward to your reply

Great post, I'm going to buy more btc today : )

Thanks bro

I haven't even started with bitcoins!

Bitcoin and SBD are going to stay. That's why I bought more steem instead of transferring my SBD to my PayPal. Nice post!

very goods post..

Very nice post
Plz Follow me and upvote my post

Informative

good post

I have yet to trade any Steem for Bitcoin, but with such a value increase I may just have to.

yes

That's good work. be popular on http://www.doze.io

Very good post