Bitcoin to consolidate at $US8000 a coin: Goldman Sachs
Jessica SierNorth Asia correspondent
Updated
Technical analysis of the unorthodox Bitcoin market has led Goldman Sachs to believe the major cryptocurrency is set to consolidate at $US8000 ($10,500) a coin.
After a month that saw Bitcoin soar beyond $US5000, $US6000 and then $US7000 a coin, technical analysts Sheba Jafari and Jack Abramowitz have warned traders against betting on a near-term boost past $US8000.
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