Goldman Sachs Signals Bitcoin Bottom, Flags Attractive Crypto Stock Setups
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Goldman Sachs Signals Bitcoin Bottom, Flags Attractive Crypto Stock Setups
"Goldman Sachs analysts pointed to technical stabilization, improving liquidity signals, and reduced forced selling as factors supporting the thesis. The bank's evolving position on digital assets reflects how much has changed inside the firm over the past year."
"In its 2026 13F filings, Goldman disclosed roughly $2.36 billion in bitcoin exchange-traded fund (ETF) and ethereum ETF exposure, at the time of filing. CEO David Solomon publicly confirmed in February 2026 that he personally holds a small amount of bitcoin."
"Bernstein analysts recently declared bitcoin's cyclical low confirmed and reiterated a $150,000 price target for 2026. Other institutional desks have pointed to onchain capitulation signals and technical support in the $60,000-$65,000 range as signs that selling pressure is easing."
Goldman Sachs has shifted its stance on Bitcoin and crypto-linked equities, noting stabilization and improved liquidity. Bitcoin reached an all-time high of over $126,000 in October 2025, trading between $69,000 and $71,000 as of March 2026. The firm disclosed $2.36 billion in ETF exposure to Bitcoin and Ethereum. CEO David Solomon acknowledged holding Bitcoin, contrasting previous views. Analysts predict a potential bottom for Bitcoin, with Bernstein setting a $150,000 price target for 2026. Market corrections stem from delayed Federal Reserve rate cuts and geopolitical tensions, but conditions are improving.
Read at news.bitcoin.com
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