Analysts Who Predict Bitcoin Growth Are Hitting
“Analysts Who Predict Bitcoin Growth Are Now Hitting $300,000-$400,000” : According to independent research analyst Ronnie Mike, Bitcoin will lose more than $ 20,000 and its statistics will be in six figures.
“Bitcoin has already recommended it to 500 percent early July, and I’m looking for more than 500 percent more steps from here”, Moas, founder of Standpoint Research, said a self-described “a group of operations” based in Miami.
In the summer, Moos noticed a $ 5,000 price on Bitcoin for 2018. At the time, digital currency was trading at just $ 2,600. Since then, it has been surged to $ 18,168 as of Monday, according to the price Coin base track.
“The last game of Bitcoin is that it will hit $ 300,000 to $ 400,000 from my opinion, and it will be the most valuable currency in the world,” Moas told CNBC’s “The Rundown”
“I do not know how much gold is on the ground, but I know how much Bitcoin is, and in two years, 300 million people on earth will try to get some million bits.” –
Ronny Moas, Founder, Standpoint Research
Image source – Steemit
Analyst’s comment came when CME, the world’s largest futures exchange, has launched its own Bitcoin Futures Agreement. Earlier this month, the COO did the same job.
His aggressive bullish call – a $ 380,000 acquisition of today’s price – based on the idea that only 21 million Bitcoins could never exist. The demand for digital currency will naturally increase its price, he said.
“I do not know how much gold is there on the ground, but I know how much Bitcoin is, and in the two years, more than 300 million people in the world will try to get some millions of bits, because the supply and demand balances of the price decrease.”
Not everybody agrees with everyone
Moas believes that he calls a conservative call on his value, but disagrees with others
Vasu Menon, Vice President of Singapore-based Bank OCBC, said, “We think it is risky.”
“I do not see a strong driver in this bitcoin,” He said.
But Moas said that the team is just starting.
“I look at Bitcoin the same way I look at Amazon,” he said. “The way to play Amazon, in the last 15 years, was to buy, hold, and add to the dive, so in the same way I think people must play Bitcoin.”