Ronnie Moas: Bitcoin will rise to $ 11,000 in 2018 Optimistic analyst Ronnie Moas returned to discussing the prospects for Bitcoin and gave a new forecast.

Ronnie Moas: Bitcoin will rise to $ 11,000 in 2018

Optimistic analyst Ronnie Moas returned to the discussion of the prospects for bitcoin and gave a new forecast.

In July 2017, Moas surprised many by announcing that in a few months the bitcoin rate would reach $ 5,000. At that time, Bitcoin was worth less than $ 3000, but the $ 5000 mark was taken in September 2017.

In August, against the background of the rapid growth of the bitcoin rate, Moas revised his forecast and announced that by the end of 2017, bitcoin would grow to $ 7,500. Moas made an even bolder prediction to achieve this goal: $ 11,000 in 2018.

In a letter to his clients, Moas wrote: “Every day, news outlets are increasingly mentioning bitcoin in their headlines. More and more countries are going to meet him, and the insignificant number of obstacles standing in his way are folding like dominoes ".

Moas believes that one day Bitcoin will replace gold, and his medium and long-term forecasts are even more optimistic: $ 20,000 in 3 years and $ 50,000 in 10 years..

He also believes that the day is near when the capitalization of bitcoin will exceed the capitalization of the largest corporation Apple. According to his calculations, this should happen in the next 5 years..

The head of Standpoint Research expects that the growth of the popularity of Bitcoin will primarily contribute to this. And if today only 0.5% of the world's population has invested in cryptocurrencies, then in the future this value, according to Moas, may reach 5%.

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