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Ronnie Moas: Bitcoin will reach $28,000 in 2018, $6 trln in the long term not excluded

26 December 2017 21:00, UTC

Bitcoin has had a notable price dip during this Christmas, eventually returning to $16,000 today. While people are still wary about its probable downfall beyond 10,000, Ronnie Moas remains optimistic and tells Bitcoin is bound to achieve 28,000 in 2018.

In his interview to Cointelegraph he noted that Bitcoin is absolutely able to jump to $6 trillion in the future, which probably makes it the most bullish Bitcoin prognose of all time. He explains that the number of active bitcoins with real value is much lesser than the community knows, because many bitcoins considered active are in reality long-lost by its owners.

“My feeling all along is that Bitcoin is going to hit the top of the mountain. As far as my price targets go, I started out with a $50,000 target back in July - we were at $2,570 at the time. Had I told people where I really thought it was going at the time, they would have thought I was on drugs. You can’t put out $200-300,000 target on something when it’s trading at $2,570, people just won’t take you seriously”, quite candidly told Ronnie Moas to correspondents.