Goldman Sachs' bearish macro outlook puts Bitcoin at risk of crashing to $12K

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Bitcoin to $12K is possible as Goldman Sachs warns of another 26% crash in stocks.

that equities could crash by 26% if the Fed gets more aggressive with its rate increases to fight inflation.

Interestingly, the warnings coincide with a recent rise in Bitcoin short positions held by institutional investors, according to CME data highlighted in the Commodity Futures Trading Commission's weekly report."Definitely a sign that some people are counting on a risk asset meltdown this fall,"Bitcoin options expiring at the end of 2022 show most traders betting on the BTC price dropping all the wayOverall, the call-put open interest ratio was 1.90 on Sep.

 

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bitcoinwallah $12k is the new $100k, probably won't happen anytime soon..

bitcoinwallah 75% probably wont move 💎

bitcoinwallah last month it was 10K ..... from the same 'experts' ......... tzzzzz!

bitcoinwallah Just wait for the IOTA crash to $100. 5 years from now

bitcoinwallah Just hope I got some dry powder set aside to scoop it up! Bitcoin I’m looking for crypto donations from any mystery angel investors out there that feel like doing a good deed and knowing you made a huge difference in someone’s life, I’ll have a bitcoin wallet address on profile

bitcoinwallah Gildman Sachs and others would like to buy bitcoin at cheaper levels. The 12k narrative is being pushed. The funny thing is that you billions of people around the world buying bitcoin. I dont think they have the money to fight the world as they leverage short positions

bitcoinwallah Bitcoin crash to $10‘000 this year 🔻🔻🔻

bitcoinwallah Been saying this for months & who cares🤷‍♂️😃 Literally hundreds of others in green📉.

bitcoinwallah It is possible that we see 12k USD but I expect that to last for seconds before a huge reversal kicks in. There are a lot of buying orders already before that zone and given that the 12k USD zone is the last Fib level supporting $BTC above 10k USD, I expect a mass bounce there.

bitcoinwallah Sounds like a JPMorganScam. Let’s call it what is They media tonnes of bearish info; load exchanges of liquidity so retail sell into Force 10-20% drop as they own the supply Set longs up thru institutional accounts & our retail sales data sold to them Then U parrot their views

bitcoinwallah Dreaming

bitcoinwallah Fuuud....

bitcoinwallah 🚀Thankss a millon

Cramer needs to come in and save us by saying BTC is a scam

They want to buy cheap don’t let this happen

Too weak of a headline. But nice thumbnail though

Can we get this crash to 12k already….holy crap. It’s all anyone talks about now on Twitter.

ofc it is possible, it will get there im talking to you for the whole year

😂

lol. Unrelated. Stop this BS.

How much more will these stocks fall?

12k is just too low, not for Bitcoin's market cap.

Maybe, but I don't think so this year.

And how are these things related to each other?

Not an impossibility as the cost of living skyrockets across the globe.

Buy now

The real challenge is to read between the lines of what Goldman Sachs wants you to here. How many times has Goldman been caught and penalized by the SEC, and what. Any other firm would be shut down, yet they continue on their voyage to lie cheat and steal. I just get chills

BTC going to 5k before december

Well, I’m not ready for dip like that but I will continue holding mine on bfx.

Holding my USDT to be ready for dips like that

I see a downside of maximum 10% if we see a September rate hike above 75 bp.(I hardly imagine more than 10% - the hike should be pretty aggressive for that to happen).Everything until 75 bp is already priced in so an announcement in that range would cause upside movement.

Is it for real? sounds scary

Don't threaten me with a good time. ABOUT TO GET THIS FKIN BAG!!!

Yes, they wish... Muahahahahahaaaaahha 😁

mtb_jt Wolfofcrypto26

Bottom signal👍🏼

Welcome to the party, IMO $14K'ish is incoming and I have thought it for a while, NFA.

$3k

Bullish! 👌🏻

My views on Altcoins to Bitcoin charts… See link, apply logic to Wallstreet who get CanaryWharf back officially from Tuesday 20th Sept

What they actually mean is $1.2k

look at my previous tweets. i say this monthes ago ^^ 13 k is possibel..

news like this that makes traders panic. This news should not be broadcast so that crypto players don't panic.

Yes,

this is a sign of a bull coming

Unfortunately no one will have the cash to buy BTC even at that level 😂

🚮

If they said that, so it goes up.

AugustoBackes vixiii, tomara que seja o quanto antes, mão tá tremendo pra comprar hehehe.

I think what this really means is that it's going to moon lol

If everybody warn you, it won't be happen.

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Source: Cointelegraph - 🏆 562. / 51 Read more »