Bitcoin and Blockchain Conference Turkey to take place on 1st of March

On March 1 Istanbul will host Bitcoin and Blockchain Conference to discuss the future of digital currencies
27 December 2017   1693

The conference will be held in Istanbul, Turkey on March 1. The organizer is an international company Smile-Expo, which has already carried out 11 Bitcoin and Blockchain conference events all over the world. And in 2018 it comes to Turkey.

Why Turkey, you ask? Because this country has quite lax laws about cryptocurrency regulations and event local authorities has drastically changed their tune since early statements that Bitcoin is a risky asset. Now they say, that digital currencies can help stabilize and restore the economic situation in Turkey.

The target audience encompasses everyone involved in virtual currency world from developers and entrepreneurs to blockchain startup authors and representatives of banking and financial institutions.

The event will consist of three sections:

  • Blockchain technology and practical solutions based on it.

  • Fintech and Blockchain.

  • ICO.

According to the official site, the number of speakers will include authorities, Turkish fintech market leaders and most influential people of the cryptocurrency world. And mind the fact, that the conference's official language is English.

Also, the visitors will have hardware and software exhibition with the presentation of the latest mining equipement and innovative blockchain-based applications.

The ticket are already on sale on the official site, and until January 31, 2018 there is a 60% discount. 

Goldman Sachs to Give Bullish BTC Forecast

Goldman Sachs experts expect to see bitcoin near the $ 13,971 mark
12 August 2019   201

While Wall Street representatives sometimes come back to criticize Bitcoin, the well-known investment bank Goldman Sachs gives its own forecast for the price of cryptocurrency. To the surprise of many, it turned out to be bullish.

A note for Goldman Sachs customers on Twitter shared by Three Arrows Capital CEO Su Zhu.

As follows from the publication, in the short term, Goldman Sachs expects to see bitcoin near the $ 13,971 mark.

An unnamed analyst builds his forecast based on the Elliott Wave Theory. According to him, with a high degree of probability, bitcoin will rebound from the level of $ 11,094 in the coming days. After this, the opportunity will arise “for at least one more leap to $ 12,916 and $ 13,971”.

On the other hand, a pullback from the indicated levels should be considered as an opportunity to buy cryptocurrency against the backdrop of weakness, if its rate does not fall below $ 9,084.

What is more surprising: that Goldman Sachs has a bullish target on BTC, that they have any target at all, or that they use Elliott Wave Theory? I'm personally most surprised they cant be bothered to use a chart that includes weekend price action.
 

Su Zhu
CEO, Three Arrows

Short-term stop orders for long positions should be placed at $ 10,791, according to Goldman Sachs.