Goldman Sachs to start covering Bitcoin

Several hedge funds are investing in Bitcoin according to article by Zero Hedge, these hedge funds are now requesting at Goldman Sachs that Bitcoin should be covered in his reports.

In a client report called "GS Techs: Quick BTC" released yesterday, Goldman Sachs says: “Due to popular demand, it’s worth taking a quick look at Bitcoin here”

In the same report, Goldman Sachs explains his bearish outlook on Bitcoin, with a target price of $3,134