Goldman Is Watching Bitcoin $4,483 Level After Accurately Predicting Recent Price Rise

Bitcoin Technical Analysis anyone? Goldman has some thoughts on the topic.

With the price of one bitcoin hitting a high of $4,483.55 on Friday, it reached a market capitalization near $73.5 billion. This would rank in the 74th largest stock listed on the S&P 500, highlighting historic growth for an "asset" that has difficult to quantify value. Goldman Sachs is getting into the action, as  Bitcoin Technical Analysis done by Sheba Jafari and Jack Abramowitz are watching for a potential run to $4,827 with one important caveat.

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Goldman Bitcoin technical analysis predicted the rise, and now is keeping an eye out for trend exhaustion

When Coinbase, a five-year-old cryptocurrency startup, announced a $100...