The break-neck speed rally of Bitcoin has left investors wondering where Bitcoin would finally stabilize. Goldman Sachs believes that $8,000 would be the consolidation level for the current rally. Bitcoin’s price may have smashed through the $5,000, $6,000 and $7,000 levels over the past few weeks, but technical analysts expect it to go higher. The level at which consolidation is expected to occur is $8,000, according to Goldman Sachs. In a note to investors, Goldman Vice President Sheba Jafari wrote: The market has shown evidence of an impulsive rally since breaking above $6,044. Next in focus $7,941. Might consolidate there before continuing higher. While Goldman…
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