What is the real target for bitcoin?

in #bitcoinprice • 7 years ago

According to me, For long term it will be stronger and stronger up trend and will pass all these target ...

GOLDMAN SACHS TECHNICAL ANALYST PREDICTS BITCOIN’S ‘TOP’ IS $4800

Link: http://bitkan.com/news/topic/35699

#bitcoin #analysis #coin #altcoin
7 years ago in #bitcoinprice by
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     7 years ago 

    Hard to say. It's not like the bitcoin network got any more functional. It will take a while longer yet before anyone sees value from lightning networks. SegWit will take a long time before it starts adding any real value.

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     7 years ago 

    Fair question and hard to predict- mathematically when it started the thinking was about 50k by the time the last coin was mined. However, this was before it became tradable and all of the forks etc. Goldman sachs was merely predicting a near term top range before a retrace - which theor analyst seems to think will be equally violent. They were pretty bang on last time off by 100 or so dollars each way.

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