Goldman Sachs Predicts Bearish Movement for Bitcoin Once It Reaches $3,100

Banking giant Goldman Sachs has recently warned its clients that the Bitcoin may halt in its bullish movement and head for a bearish movement very soon, according to a report by Interactive Investor. While the company that does not regularly monitor cryptocurrency news, it recently expressed its own opinion regarding Bitcoin in its report called Blockchain Unchained on June 12, 2017.

According to the bank, once it reaches its high at over $3,100, there would be an expected fall because of its continuous bullish movement.

Read more here: https://cointelegraph.com/news/goldman-sachs-predicts-bearish-movement-for-bitcoin-once-it-reaches-3100