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After the crypto-currency dropped momentarily at levels below $2,000 a week ago, bounced upward, rebounding beyond the psychological boundary. Now, according to GS analysts, the crypto-currency can go for a new test at its peak at $3,000.
In a letter to its customers on Monday, Sheba Jaffari, head of GS's Technical Analysis Department, warns that levels of $1,790-1,856 can play a very strong role.
Two weeks ago, Jaffari warned of a sharp depreciation of the bitcoin. Even then, however, the expert said the decline of the bitcoin would hardly pass the 1857 dollar support limit, but rather, closer to that limit, could be used by investors for purchases.
Since the beginning of the year, the bitcoin has risen by 140%. The crypto-currency reached a historic peak at $3,000 on June 12.
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