Predictions from the Goldman Sachs team that Bitcoin will drop below $ 6,000. At the weekend, a group of analysts led by Sheba Jafari sent a letter to their clients that the BTC rate would go to $ 5900. This is due to the short-term support gap at a price of $ 9200.
The information for investors was the following: it is worthwhile to carefully monitor the status of bitcoin, because it is possible to reduce it from $ 7667 to $ 7198.
Earlier, Goldman Sachs and Bank of America, as giants of the investment banking business, negatively spoke about the crypto-currency and block-banking as a whole, and consider investing in this sphere potentially dangerous
The information for investors was the following: it is worthwhile to carefully monitor the status of bitcoin, because it is possible to reduce it from $ 7667 to $ 7198.
Earlier, Goldman Sachs and Bank of America, as giants of the investment banking business, negatively spoke about the crypto-currency and block-banking as a whole, and consider investing in this sphere potentially dangerous
Just let them predict based on their own analysis, anything is possible to happened. We can also have an advantage to that FUD by taking chance to increase our stash. After all, they didn't say that bitcoin will crash down on long term but rather just a price crash for up to the mentioned price level.
For people who entered at much higher price to the price level they have mentioned, that will be a big loss BUT if they have strong guts to face it and considering bitcoin for long term goals then that they can idle those hold coins for the moment and began increasing their stash like I mentioned if they have an extra ammos left.
FUD is part of bitcoin ecosystem since it's inception. Before entering, people must understand the risks of putting money on crypto. And besides for me, Around $6,000 price level is still a decent price compare to below $1,000 that lasts for about years.
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