Analyst Ronnie Moas upped his forecast, saying that Bitcoin will rise to $11,000 in 2018.
Market analyst Moas, owner of Standpoint Research, in addition to announcing that CME will launch futures in Bitcoin He stated that encouraging statements from the governments of several developing countries such as Turkey will contribute to the price increase. The famous analyst also made a prediction in the same e-mail, stating that the price of Bitcoin will reach $11,000 by next year.
$120,000 in 5 years
Moas had previously sold Bitcoin for 5 years. He said it would be worth $120,000 within a year.
His predictions are right
Moas made a prediction in July and predicted that Bitcoin would rise above $5,000. Moas, who was right in this prediction, stated that it would be $ 7500 by the end of the year. This prediction of the successful analyst was also correct.