Sheba Jafari, Goldman Sachs: Bitcoin can fall under 10,000 and even reach 7,800

Sheba Jafari from Goldman Sachs quite correctly predicted the growth of Bitcoin during the last autumn, and recently she has published another report where she tells her thoughts on the near future of Bitcoin.

Bitcoin can fall below 10 thousand dollars, says Sheba Jafari, and the next target might be 9,978. This might be the point where the trend reversal will happen, but there could also be another scenario: Bitcoin will plunge even further below, to $7,882.

Another analyst and asset manager Jalak Jobanputra foresaw this current plunge of price and advised investors not to jump on the hype train - the price of 20,000 is way ahead of its time. Her prognose turned out to be true.

Even those people who completely lack market expertise acquired through years of work in serious financial organizations or market trading point out that nobody should invest considerable sums (the losing of which might hurt) in Bitcoin and other cryptocurrencies. For example, a video blogger mostly focused on video games and obscene jokes quite correctly described (18+) how good investors should behave.