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Goldman’s Bearish Bitcoin Forecast

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Bitcoin prices have tumbled in recent days, prompting some technical analysts to speculate that the largest digital currency must hold the $7,400 area or risk more declines. Count Goldman Sachs among those in bitcoin's bearish camp. "Goldman Sachs is not optimistic for the near-term fate of cryptocurrency. In its mid-year economic report, the bank's investment [...] Read more on ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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