Ronnie Moas predicts Bitcoin price growth to $400,000
Independent analyst Ronnie Moas believes that the price of Bitcoin will rise above $20,000. Moreover, it will continue “bullish” trend and will grow more than 20 times.
In the summer of 2017 the expert expressed the opinion that by 2018 the “digital gold” price will be $5,000, but today it’s already $18,050.
Ronnie Moas said:
"Bitcoin has already grown by 500% after my predictions in early July, and now I'm targeting the next 500% of the current price."
Analyzing the growth trend of the cryptocurrency, the analyst made a parallel with the shares of Amazon and the situation that has been happening with it for the last 15 years. He is sure that with Bitcoin one need to do the same thing as with the shares of Amazon - buy and hold.
Read also:
Bitcoin price exceeded $ 20,000 on Bithumb
Blockchain will make a revolution in social networks
Bitcoin forecast and analysis for December 19, 2017
Bitcoin news: “bullish” trend changed to “bearish”
Co-founder of the largest site about cryptocurrency sold all his Bitcoins
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