Goldman Sachs Signals Bitcoin Bottom, Flags Attractive Crypto Stock Setups – Crypto News Bitcoin News
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Goldman Sachs Analyst Note Says Crypto Prices May Have Bottomed The $3.6 trillion asset manager’s note, reported by CNBC on Thursday, marks a measured but notable shift in tone from one of Wall Street’s most closely watched institutions. Bitcoin hit an all-time high of over $126,000 in October 2025 and has since traded in the $69,000–$71,000 range as of March 26, 2026. Goldman Sachs‘ analysts pointed to technical stabilization, improving liquidity signals, and reduced forced selling as factors supporting the thesis. CNBC’s report further notes that the financial giant also flagged “attractive setups” in crypto-linked equities, likely including exchanges such as Coinbase and Robinhood, mining companies, and blockchain infrastructure plays. 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 — a reversal from earlier statements in which he said he saw no real use case for the asset. Goldman also upgraded Coinbase to “Buy” in January 2026, citing resilient retail trading activity and progress on the regulatory front. The firm is not alone in calling a potential bottom. 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. The broader market correction has been driven by delayed Federal Reserve rate cuts, geopolitical pressures, including U.S.-Iran tensions, persistent inflation, and softer ETF inflows earlier in 2026. Some of those headwinds have started to ease, with potential Fed cuts expected later in…
Filed under: News - @ March 26, 2026 8:26 pm