Post
Topic
Board Speculation
Re: Goldman Sachs predicts Bitcoin may get as high as $3600 in the next wave
by
Yuuto
on 27/07/2017, 09:50:59 UTC
the article is saying exactly what you are saying Grin
she speculates about a period of fluctuations until this "new wave" starts and price breaks the ATH and reaches the $3691 as the previous resistance breaks.

here is the better version of the article:
http://www.businessinsider.com/bitcoin-price-goldman-sachs-technical-analysis-2017-7



Thanks for the link.

In that case then i think there is more probability that it is a legit prediction instead of just a sort of publicity stunt that i mentioned beforehand because that is excatly what i think is going to happen as well.

However, what we don't know is when it's going to happen. And that's the thing that really matters.

I'd say that by the end of August we could see some renewed optimism in the bitcoin community as the panic of 1st August finally settles down, and bitcoin attempts to break that $3000 mark once again. If it does break the $3000 resistance then we can definitely expect a high number in the late 3000's.