Ronnie Moas Speaks His Mind about Bitcoin Sharing His Predictions for this Cryptocurrency

Ronnie Moas is one of the leading researchers and financial analysts around the globe and the founder of the Standpoint Research. Because of that, his reports and analyses are recognized as some of the most important and relevant ones. Lately, he has been dealing with the market of digital currencies and in that field, Bitcoin was especially interesting for Moas.

As we are all aware, Bitcoin has been gaining popularity in the last several months and the value of this digital currency has increased together with that popularity. Hitting all-time highs in August is something that rarely anyone could have predicted but Ronnie Moas was very close with his predictions about this digital currency. The figure that has been floating around in the past couple of weeks is $4,500 and on several occasions, Bitcoin has reached this level. To put it in other words, at this moment, one Bitcoin has a bigger value than three ounces of gold.

For Ronnie Moas, the growth of Bitcoin and other digital currencies as well is not something unexpected as the indicators that might be happening were present in the market for a long time. Growing interest from the investors, governments, and investing banks has led many experts to conclude that it was just a matter of time before the value of Bitcoin would skyrocket which eventually happened.

Moas’s New Predictions

Recently, Ronnie Moas came out with his new predictions that seemed a bit unrealistic to many but considering Moas’ previous predictions we must take them seriously. Moas indicated that Bitcoin could potentially reach the value of $15,000 or even $20,000 in the next three years. Interestingly, Moas is not the first person to express this kind of predictions because several experts and people who trade in Bitcoins have predicted the same thing.

Looking at the data and the current situation in the digital currency market, those predictions do not seem to be too big of a stretch. For many experts, the question of Bitcoin reaching the $15,000 or even $20,000 value is not questionable at all. For them, the biggest problem is the timeframe that Moas set forth. They believe that Bitcoin will reach those values but, in their opinion, it will probably take a bit more than just three years to reach this goal.

Besides that, Ronnie Moas also said that the total value of digital currencies in the world would also be making a huge step forward. Recently, it was announced that the total value of the digital currency has surpassed the $160 billion mark but according to Moas, this is just the beginning of the rise of that value.

In his opinion, considering the demand for the digital currencies, the total market capitalization of all digital currencies combined will reach $2 trillion by 2027. When asked about the possible collapse of the market he said that it is very unlikely this could happen. He compared the rise of the value of digital currencies to the rise of the value of companies such as Google or Amazon back in the 1990s. Knowing where Google and Amazon are today, this comparison speaks volumes about the potential of the digital currency market.

Written by Ivan Potocki

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