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Hedge Fund Clients Ask Goldman Sachs To Cover Bitcoin

by cryptocoinsnews.com posted 1year ago 356 views
Hedge funds clients have reportedly petitioned Goldman Sachs’ chief technician to begin covering bitcoin, mainly on account of the poor performance of hedge funds. “The market has come close (enough?) to reaching its extended (2.618) target for a 3rd of V-waves from the inception low at 3,134,” Sheba Jafari, the company’s chief technician, wrote, according to Tyler Durden, a financial writer noted in ZeroHedge, a financial news website. “It’s on track to forming a bearish key day reversal if today’s close settles below 2,749.” Durden stated the fact that Goldman Sachs is bearish on the market indicates bitcoin will likely...

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