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Goldman Sachs says Buy Bitcoin! by jrcornel

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· @jrcornel ·
$64.42
Goldman Sachs says Buy Bitcoin!
# Well kinda sorta...

In a slide deck from a technical analysis team at the bank, it was revealed that their technical analysis was saying buy bitcoin now for a move up to almost $14k.

Specifically they were calling for a move to $13,971.

Here is the chart from their slide:

https://i.postimg.cc/v8K1scQV/Goldman-slide-btc-1.png

(Source: https://www.coindesk.com/goldman-sachs-analysts-note-says-nows-a-good-time-to-buy-bitcoin)

# How did they come up with this number?

It was based on the Elliott Wave theory.

The investment bank said that, based on its Elliott Wave analysis, BTC would find support around $11,094, and that there’s scope for a move higher to $12,916, then $13,971.

Their advice to their clients?

> β€œAny such retracement from $12,916-$13,971 should be viewed as an opportunity to buy on weakness as long as it doesn’t retrace further than the $9,084 low."

There you have it, Goldman Sachs' technical analysis says now is the time to buy Bitcoin.

Stay informed my friends.

-Doc
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 669 others
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@movingman ·
Anyway news can say whatever it want to,  Just keep buying it!!  😁 hope it don't jump just yet,  I get to buy some in 12 hours πŸ˜‚

Posted using [Partiko Android](https://partiko.app/referral/movingman)
πŸ‘  
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@jrcornel ·
$1.03
As long as it goes there, the time-frame is less important to me!
πŸ‘  , , , , , , , , ,
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@tts ·
To listen to the audio version of this article click on the play image.
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@jrcornel ·
$1.01
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@alexs1320 ·
$0.02
Run!
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@jrcornel ·
$1.01
Their TA desks have been pretty decent on their calls actually.
πŸ‘  , , , , , , , , , , , ,
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@luegenbaron ·
they are the one manipulating

they bought cheap at 3k and now wanna sell 
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@steemitboard ·
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@jrcornel ·
$0.97
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@newageinv ·
Awesome to see an institution like Goldman Sachs integrating Bitcoin into their analysis and making a call like this!  A great sign of evolution and adoption!
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@jrcornel ·
$0.93
Yep, that was my take as well. Just the fact they are shipping these charts to their clients is big news.
πŸ‘  , , , , , , , , , , , ,
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@nickgrujic ·
i usually do the opposite of what GS says but in this case i would have to agree with them and i cant believe im saying that
also BTC did not hit under 9k and no where near yours and edicteds 7500 to 8500 which i was positive that it would not happen although we still have the remainder of the month to go
i would usually side with you guys before GS but i think you guys really blew that one lol
cheers JR and  i hope all is well bud 
i will be gone for another week starting next weekend and when i come back i hope the alts start doing something lol
πŸ‘Ž  ,
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@abusereports ·
$0.33
# YOU ARE ON THE NAUGHTY LIST. YOU HAVE BEEN FLAGGED.  GOODBYE.
πŸ‘  , , , , , ,
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@joe.public ·
The author behind @abusereports is the @ngc / @berniesanders group of account who claims to own the top twenty witnesses. He is also very proud of the fact that he holds thousands of accounts.
He uses these accounts for:
Voting witnesses.
Flagging content which is not supported by main stream media
Flagging random accounts (usually small accounts) as a cover for his more earnest censorship work.
He takes great delight in tormenting the random small accounts and those who want to make the world a better place. Plus its a great cover for his real work of censorship and creating a dystopian future for the platform and the real world.

These abuses are all conducted with the FULL SUPPORT of the top 20 Witness @themarkymark
The markymark seems like a nice guy on the surface but he is corrupt to the core and cares not one jot about bullshitting you, right to your face. Just another politician.

This individual has become like a gangrenous limb which needs to be amputated in order to save the body.

Its time to grow up and take responsibility for our own environments people.

The latest HF is designed for the sole purpose of enriching this group of accounts.
He has thousands of votes to give witnesses because he has thousands of accounts.
PS he is also the largest SELF VOTER here. sad isnt it?
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