Sheba Jafari, Goldman Sachs’ chief technician, believes bitcoin could reach close to $8,000, according to a message sent to the company’s clients on Monday, reported Business Insider.
Jafari noted bitcoin exceeded an equality target from its July low at $6,044, indicating the potential for an “impulsive advance” that could hit at least $7,941, the minimum target for the third of five waves. At that point, the price should achieve a position to watch for consolidation.
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