BITCOIN BOUNCE BACK: Cryptocurrency to burst through £6,000 value, says Goldman Sachs 

BITCOIN BOUNCE BACK: Cryptocurrency to burst through £6,000 value, says Goldman Sachs 
 

The seemingly meteoric rise of the online currency is set to carry on unabated, even though it climbed an eye watering 690 per cent since January this year - from £685 a coin to £5,408 on Tuesday afternoon.
In a research note published on Sunday night, Sheba Jafari, vice president on the bank's FICC Market Strats team, said: "The market has shown evidence of an impulsive rally since breaking above 6,044. The next level in focus is £6,043. It might consolidate there before continuing higher."
She added reaching the price would mark the third of "five-waves up" for... read more

 
7 November 2017 in Business, Views: 54
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