You remember when Goldmann Sachs predicted at the beginning of this month that Bitcoin would drop to around $1850,-, right? We were already in a bear market, but Goldmann seems to have accelerated this process. The price drop from BTC to $1843,- on July 16th seems to have become a self fulfilling prophecy.
Offcourse there was a big resistance wall at this low BTC level so the price went up a bit again. Right after this new bottom, the news of BIP91 Locking in came to the masses. Segwit will soon become active on Bitcoin! People are less worried now that no hard fork will come on August first.
Since then the bulls are back and they are fierce then ever before.
Now Goldmann Sachs comes with a new prediction: BTC will test $3K and could go as high as US$3,700. Will this also become a self fulfilling prophecy?