‘Prolific Picker’ Ronnie Moas: Bitcoin Could Reach $5,000 ‘Within Months’

Two new high-profile price predictions put Bitcoin at $5,000 next year and $50,000 within ten years.

In a note to investment clients Wednesday, Bloomberg reports, “prolific stock picker” Ronnie Moas suggested $5,000 will be the 2018 Bitcoin price.

In the long term, he forecasts levels of $25,000 to $50,000 by 2027.

“I have little doubt that one percent of the money in cash, bonds, stocks and gold will end up in cryptocurrencies,” Moas added.

Full story at http://bit.ly/2uLBVS1

Source: CoinTelegraph

 

 

 

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