Bitcoin’s speed breakthrough will see the price of the digital currency soar to the $4,800 level, according to an analyst for investment bank Goldman Sachs.

In a client note distributed on Sunday, technical analyst Sheba Jafari suggested that the price of bitcoin could shoot as high as $4,827 as the digital currency rides a “fifth wave” of an “impulsive” rally, CNBC reported. Jafari predicted that bitcoin will breach the $3,600 level in late July.

Jafari, however, cautioned of an approaching market correction, which could take the digital currency down to below $3,000.

“Once a full five-wave sequence is in place, the market should in theory enter a corrective phase,” Jafari said, according to the news outlet. The market correction is expected to last “at least one-third of the time it took to complete the preceding advance.”