Goldman sachs predicts bitcoin will be worth $ 4,000

If you follow the topic of cryptocurrencies a little, you will be aware of their huge fluctuations. So far this year the value of the absolute majority of cryptocurrencies, with Bitcoin in the lead, has skyrocketed. Although, with moments of panic like those experienced with Ethereum a couple of weeks ago, its value sinks in a matter of minutes.

Goldman Sachs predicts that Bitcoin will be worth $ 4, 000

Bitcoin is currently around $ 2, 000 in value. A slight drop, after spending time at $ 3, 000. Many experts speculate that the virtual currency bubble will burst very soon. But, there are others who do not see it that way. Among them, the investment bank Goldman Sachs.

Bitcoin will continue to increase in value

Analysts at the American bank predict that the cryptocurrency will continue to increase in value so far this year. They believe that there is still a way to go for the coin, and they predict that at some point in the remainder of 2017, Bitcoin will reach the value of $ 4, 000. Although, they have also wanted to launch a notice.

It is highly probable that before reaching this historical maximum, the currency will suffer a large drop in its value. What they have not known or wanted to say, is when said increase in value will occur. Although, seeing the great fluctuations that Bitcoin suffers, it is something really difficult to predict.

This Goldman Sachs report shows that there is still a long way to go for Bitcoin and cryptocurrencies. Undoubtedly, 2017 is being a year in which they have a lot of prominence. The virtual currency has already risen 168% in appreciation since January, and looks set to rise further still. What do you think of this report? Will the cryptocurrency bubble explode soon?