Goldman Sachs' chart analyst Sheba Jafari said in a Sunday report that bitcoin could reach $4,827, about $500 more than Monday's record high above $4,300.
Once bitcoin hits that level, Jafari estimates it could drop as far as $2,221.
That said, bitcoin will need to fall under $2,935 "to signal that a top is already in place," the report said.
Source. Cnbc