Bitcoin's price has risen sharply since earlier this month, when a split took place that created "bitcoin classic" and "bitcoin cash."
7 years ago
Goldman Sachs' chart analyst Sheba Jafari said in a Sunday report that bitcoin could reach $4,827, about $500 more than Monday's record high above $4,300.
Once bitcoin hits that level, Jafari estimates it could drop as far as $2,221.
That said, bitcoin will need to fall under $2,935 "to signal that a top is already in place," the report said.
7 years ago
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