Bubble created around Bitcoin? Forecasts by Goldman Sachs analysts !

in #balakrishnan7 years ago

Goldman Sachs analysts point out that the price of a Bitcoin - which now sells $ 2,568 - could drop to $ 1,857. The good part, for investors who have put much of their fortune in buying bitcoins, is that after this fall, the price could be over $ 2,000.

That is, it could go up to $ 3,212 - $ 3,915, as estimated by the financial institution, quoted by VentureBeat. In this case, those who bought Bircoin would have a profit rate of up to 110% relative to their initial investment.

If the Bitcoin price would reach $ 3,900, the market value of Cryptomonda would increase by another $ 22 billion - plus 53% from the current $ 42 billion.

The value of a Bitcoin reached $ 3,000 in the middle of last month, but dropped back by about $ 800 a week later.

Coin Marketplace

STEEM 0.22
TRX 0.26
JST 0.040
BTC 96714.38
ETH 3411.05
USDT 1.00
SBD 3.17