Despite a recent $600 drop in bitcoin, Goldman Sachs believes that the digital currency will hit new records, according to news from CNBC.
“The market has shown evidence of an impulsive rally since breaking above 6,044,” Sheba Jafari, vice president on the bank’s FICC Market Strats team, said in a Sunday note. “Next in focus [$]7,941. Might consolidate there before continuing higher.”