{"id":203920,"date":"2017-07-07T01:40:47","date_gmt":"2017-07-07T05:40:47","guid":{"rendered":"http:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/finance-expert-predicts-bitcoins-value-could-soar-as-high-as-4000-futurism\/"},"modified":"2017-07-07T01:40:47","modified_gmt":"2017-07-07T05:40:47","slug":"finance-expert-predicts-bitcoins-value-could-soar-as-high-as-4000-futurism","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/transhuman-news-blog\/futurism\/finance-expert-predicts-bitcoins-value-could-soar-as-high-as-4000-futurism\/","title":{"rendered":"Finance Expert Predicts Bitcoin’s Value Could Soar as High as $4000 – Futurism"},"content":{"rendered":"

In Brief Bitcoin's stunning year continues as Goldman Sachs head of technical strategy Sheba Jafari predicts a fifth wave for the cryptocurrency. After a temporary drop, Bitcoin could hit a record-high value of almost $4,000 per coin, according to Jarari. <\/p>\n

Were barely past the halfway mark, and already Bitcoin is having a big year. The value of the cryptocurrency soared past $1,000 in January and then again in February. By March, its value surpassed that of gold, and on May 10, it hit what was then a record-high value of more than $1,700 per coin. In June, Bitcoin set a new record, closing above$3,000 beforefinishing the month at close to $2,500. <\/p>\n

In all, Bitcoins first-half gain was approximately 168 percent this year, which has led various commentators,including Mark Cuban and Charles Schwab chief global investment strategist Jeffrey Kleintop, to suggest that the cryptocurrencyis in a bubble. <\/p>\n

The latest expert to weigh in on the future of Bitcoin is Goldman Sachs head of technical strategy Sheba Jafari, who sent a note to clientson Sunday, July 2, advising that while the value of Bitcoin may drop, it is ultimately likely to go even higher. <\/p>\n

According to Jafaris note, which waspublished by Zero Hedge, Bitcoin is still in the midst of a corrective 4th wave during which the value may fallas low as $1,857 a drop of around 25 percent.According to Jafari, Bitcoin investors shouldnt worry about this drop very much, though, because the currency couldhit a record value during its fifth wave, perhaps as high as $3,915. <\/p>\n

Whether the value of Bitcoin does soar toward the $4,000 mark or not, 2017 will still go down as a historic year for digital currency. <\/p>\n

<\/p>\n

Excerpt from:
\nFinance Expert Predicts Bitcoin's Value Could Soar as High as $4000 - Futurism<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In Brief Bitcoin's stunning year continues as Goldman Sachs head of technical strategy Sheba Jafari predicts a fifth wave for the cryptocurrency. After a temporary drop, Bitcoin could hit a record-high value of almost $4,000 per coin, according to Jarari. Were barely past the halfway mark, and already Bitcoin is having a big year. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-203920","post","type-post","status-publish","format-standard","hentry","category-futurism"],"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/203920"}],"collection":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/comments?post=203920"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/203920\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/media?parent=203920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/categories?post=203920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/tags?post=203920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}