Bitcoin Price Has a $400,000 ‘End-game’: Research Analyst Ronnie Moas

Moas, the founder of Standpoint Research, has been recommending bitcoin since July when it was trading at $2,600. At that time, Moas set his 2018 bitcoin price target at $5,000. That may have seemed like a bullish target at the time, but bitcoin has exceeded it — several times over — causing Moas to revise his forecast upwards multiple times. Over the weekend, the bitcoin price briefly touched a global average of $20,000 — a mark Moas had originally believed the flagship cryptocurrency would not reach until 2020. At the…

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