$8,000? Goldman Sachs Analysts See Possible Bitcoin Price Jump

Goldman Sachs analysts predicted that the price of bitcoin could surge as high as $8,000 in a note distributed to clients earlier this week. According to Business Insider and Bloomberg, the note came as the cryptocurrency’s price cleared a new all-time high above $7,600. Technical analysts Sheba Jafari and Jack Abramowitz cautioned that the signs are pointing to a new run up – albeit one that may take time to develop. “This break indicated potential for an impulsive advance, one that could reach at least 7,941. This is the minimum…

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