2017’s meteoric, nearly across-the-board surge in cryptocurrency prices has seemingly come to an abrupt end. Goldman Sachs Group Inc.’s global head of investment research, Steve Strongin, has indicated that the recent market tumble, with losses to the tune of nearly $500 billion, stands to get much, much worse.
In a February 5, 2018 report, Strongin warned digital currency investors to prepare for massive future changes. While he did not outline a timeframe, Strongin cautioned that most digital currencies, which lack intrinsic value, will likely trade to zero before being replaced by a small group of competitors. Strongin’s research, citing the recent price swings as evidence, indicates a bubble inconsistent with a “few-winners-take-most” market.
Strongin believes that most modern digital coins have too many challenges to succeed – security issues, high maintenance costs, and slow transaction times that present significant obstacles to consistency and staying power.
While sobering, the report is not a death knell for cryptocurrency. Strongin alludes to parallels with the 1990s dotcom bubble – when it burst, it cleared detritus from the landscape, leaving survivors like Google and Amazon. Strongin remains bullish on the improvement of blockchain, and he envisions important practical applications, like improving financial ledgers, to become mainstream at some point down the road.
Strongin also asserts that “just because we are in a speculative bubble does not mean current prices can’t increase for a handful of survivors,” but he also cautioned: “At the same time, it probably does mean that most, if not all, will never see their recent peaks again.”
While investors may clamor to get back to the gangbusters returns of 2017 and the highs of December and January, it may not be realistic for some cryptocurrencies. If anything, the sharp correction should encourage investors to tread more carefully into the cryptocurrency arena.
If you’re looking for investment tools to help you navigate the cryptocurrency markets, Tickeron has developed Artificial Intelligence trained to find price patterns and trends in cryptocurrency. In early January, Tickeron’s AI predicted a significant decline for Bitcoin and Ethereum before the massive sell-off took place. Could more dire predictions be ahead? Subscribe to Tickeron’s A.I. to find out what the algorithms say.
The Moving Average Convergence Divergence (MACD) for GS turned positive on September 09, 2025. Looking at past instances where GS's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on August 22, 2025. You may want to consider a long position or call options on GS as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GS advanced for three days, in of 341 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 307 cases where GS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GS broke above its upper Bollinger Band on September 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. GS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.186) is normal, around the industry mean (33.720). P/E Ratio (17.330) is within average values for comparable stocks, (71.598). Projected Growth (PEG Ratio) (2.951) is also within normal values, averaging (2.225). Dividend Yield (0.016) settles around the average of (0.036) among similar stocks. P/S Ratio (4.556) is also within normal values, averaging (1537687.750).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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