Goldman Sachs Warns Of Bitcoin Going Under $6000

  • Published on: Mar 13, 2018 - 8:36 AM
  • Source: Bitcoinist

Goldman Sachs Warns Of Bitcoin Going Under $6000Goldman Sachs analysts panicked Sunday, March 12 as Bitcoin’s volatility caused them to forecast a return to recent lows below $6000. Goldman Fears ‘Impulsive Decline’ In a note to clients, the global giant’s technical analysis team led by Sheba Jafari pointed the blame at market uncertainty thought to have begun from Mt. Gox trustee Nobuaki Kobayashi’s recent sell-offs. Having broken below $9210 Sunday, ultimately reaching closer to $8400, Bitcoin faced a potential freefall to $5922, the team claimed, with little support in between. “The break is significant as implies potential …

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