Goldman Sachs
Goldman Sachs Group, Inc.
- X: https://x.com/GoldmanSachs | ~500K followers (corporate)
- Company: Goldman Sachs Group, Inc. | https://www.goldmansachs.com | $3.61T assets under supervision
- Authority: Goldman Sachs is the world's premier investment bank with $3.61T in assets under supervision. Its digital assets team, led by Mathew McDermott (Global Head of Digital Assets), has expanded into crypto trading, lending, tokenization, and ETF exposure since 2021. Goldman's Bitcoin research appears in its flagship reports (Commodities, Macro Outlook) and is among the most closely watched institutional commentary on Bitcoin price targets.
- Prediction: May 2020: Published a bearish Bitcoin report comparing it to the tulip mania (later reversed position entirely). Jan 2022 (analyst Zach Pandl): Predicted $100K if Bitcoin captured 50% of gold's store-of-value market over ~5 years (by ~2027). Hit — BTC crossed $100K in December 2024, roughly 3 years ahead of schedule. McDermott does not issue specific numerical targets publicly; his commentary focuses on institutional adoption momentum and trading volume growth.
- Methodology: Scenario-based institutional research — models ETF inflow projections, institutional allocation as a % of gold market cap, sovereign adoption signals, and macro risk-off/risk-on analysis. Reports typically provide bear/base/bull scenario ranges rather than single point targets.
- Media: Bloomberg, Financial Times, The Wall Street Journal, Reuters, CNBC, The Block
- Decision: auto_approved Tier 1 — $3.61T AUS, premier investment bank, universally quoted by Bloomberg/FT/WSJ/Reuters, scenario-based institutional research methodology.
Affiliation
Goldman Sachs Group, Inc.
AUM / Assets
$3.61T AUS
Methodology
Uses a documented prediction methodology
Price Predictions (0)
No predictions on record for this author.