In the wake of Bitcoin’s record-breaking rise in value during the first half of this year, renowned stock picker and founder of Standpoint Research Ronnie Moas has had to re-evaluate his prediction and has raised his target to $7,500 as the likely price for the cryptocurrency to reach by years end. The new target, a 50 percent increase over his previous prediction, came about after Bitcoin hurtled past $4,000 last week.
Goldman Sachs:
Bitcoin Price to Eye $5,000 then Crash, says Sheba Jafari, a chief technical analyst at Goldman Sachs. Jafari does not believe bitcoin will reach $5,000 during its fifth wave. In fact, she expects the bitcoin price to crash by more than 38%
There are of course many analysts we have not much heard of in the crypto world jumping on the bandwagon of being the experts in the field of blockchain technology, and bitcoin's price movements. They do bring