Do you remember Ronnie Moas? It has already been the subject of two articles in our prophecies. The founder and analyst at Standpoint Research has revised the latest and is aiming for $ 14,000 by 2018, in a little over a month.
$ 11,000? It's not enough !
Less than a month ago, Ronnie Moas set a target of $ 11,000 for 2018. He explained that Bitcoin was a social phenomenon and that the best evidence was the headlines that cryptocurrency held in newspapers. If it revises its position on the rise it is precisely because of the recent news on the CME which adds a financial instrument on Bitcoin, and the fact that applications like Square Cash integrate Bitcoin. He explains :
"Recently, there have been a number of key advances for cryptocurrencies that have led me to revise the target. There were some positive headlines for cryptocurrencies, and they dropped some obstacles. "
Rather $ 14,000!
Ronnie Moas also changes the method of calculation. When he says that Bitcoin will be priced at $ 14,000 by 2018, it includes Bitcoin, Bitcoin Cash, and Bitcoin Gold. He adds :
"When I calculate the price I target for Bitcoin, I add Bitcoin Gold and Bitcoin Cash at the Bitcoin price. In other words, if the market capitalization of Bitcoin drops by $ 50 billion tomorrow, I would not worry if Bitcoin Cash increased by the same amount. "
Ronnie Moas is also confident for other cryptocurrencies. He believes that the market can still make an x9 within 5 years:
"I can imagine that the total market capitalization of the cryptocurrency market will grow by 900% over the next five years. It can reach $ 2.5 trillion, but I can not predict what percentage of that amount will be for Bitcoin, so investors should stay diversified. "
We are warned. For Christmas, keep your bitcoins warm, and if you want to see another of his predictions - which he will certainly revise - you can read our prophecy # 4 where he predicts a $ 20,000 Bitcoin within 3 years!
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