$ 8,000 is the new threshold suggested by Sheba Jafari, Chief Technology Officer of Goldman Sachs. He believes the price of a Bitcoin could have significant long-term gains and would reach almost $ 8,000, according to a message sent to the company's clients on monday ;)
Jafari noted that Bitcoin had exceeded a target since the July decline to $ 6,044, indicating the potential of an "impulsive advance" that could reach at least $ 7,941, the minimum target for three out of five waves of growth. At this point, the price should reach an interesting position to be pursued for consolidation.
Bitcoin's price was $ 7,201.2 Tuesday morning, after declining by 3.19% in the previous 24-hour period.
Some analysts said the SegWit2x fork scheduled for November 16 also causes temporary price increases. Trevor Koverko, Chief Executive Officer of Polymath, who specializes in cryptomonas technology, said people could buy Bitcoin before the SegWit2x fork, hoping to win another extra coin.
Woo and Tom Lee of Fundstrat have stressed for months that SegWit2x could lead to a major price correction as a small portion of investors who have so far allocated their funds from other coins to get coins following SegWit2x in this the moment reallocate their funds back to the other.
Others argued that it is unlikely that the price of the digital coin will collapse sharply after the fork, given that the market has had a relatively long period of time to prepare for this event.
Bitcoin has had great price gains since June; it has grown steadily and has maintained its dominant position in the total crypt market, according to coinmarket.com. Today, for example, Bitcoin accounted for 60.61% of the total cripto market, and Ethereum held 14.34%. On June 15, Bitcoin held 39.14%, while Ethereum held 31.12%.
I hope I've been helpful with this information :)
