The team of technical analysts at the investment bank Goldman Sachs, headed by Sheba Jafari, who repeatedly gave predictions for the bitcoine rate, expects that the price of the largest crypto currency may fall below the minimums that were observed in February. This is repoted by Business Insider.
The break is significant as implies potential for a more impulsive decline. The next meaningful level is down at $7,667 to $7,198. Getting а сlоѕе brеаk thіѕ tіmе аrоund wоuld wаrn оf ѕtruсturаl dаmаgе, іnсrеаѕіng thе rіѕk оf nеw lосаl lоwѕ (<5,922). At thіѕ роіnt, nееd tо gеt bасk thrоugh 9,322 (thе Fеb. 26th lоw) fоr thіѕ tо ѕtаbіlіze.
Head of technical analysts, Goldman Sachs
In January, against the backdrop of a rapid depreciation of bitcoins, Jafari urged investors to monitor the level of $ 10,000.