July 7th, 2017- In This Issue:

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.


Goldman Sachs: Bitcoin Price Is In Sweet Spot, Eyes $4,000 in 2017

Sheba Jafari, the head of technical strategy at  Goldman Sachs, recently revealed in a note to Business Insider that he expects  Bitcoin price to extend to $3,915 and move closer to the $4,000 region this year.
Technical analysis on the trend of Bitcoin price is often inaccurate due to the wide range of variables that can potentially affect Bitcoin price in a relatively short period of time.


Bitcoin is Growing in Value and Users ; Factors toward $4,000?

Bitcoin has its challenges, such as concerns about its possibly over inflated price and questions about how it will scale to accommodate more users, but one thing's for sure: its use is expanding at a rapid clip. Two of the largest bitcoin wallets, Coinbase and Blockchain, have posted major user growth in the last month.

Alistair Milne, an entrepreneur, investor and bitcoin evangelist, recently 
tweeted that Coinbase has added about 1 million new users in 30 days. He presented a chart showing the number of users jumped from 5 million on Nov. 28, 2016 to 8.4 million at the end of June. Coinbase's website also noted it had 8.4 million users, 27.6 million wallets, 46,000 merchants and 10,000 developer apps.

Stock Analyst Predicts Bitcoin Price to Reach $50,000 in 10 Years: Bloomberg

Seasoned stock picker  Ronnie Moas , who has made more than 900 stock recommendations in the past 13 years, said that  Bitcoin price  will increase by twofold up to $5,000 in 2018, and will hit a staggering $25,000-50,000 in the next ten years.

Equity investors taking notice
Moas' prediction is one of the testaments of the growing popularity of digital currencies in investment world.
In fact, equity investors who have had no previous involvements in  cryptocurrencies are now beginning to evaluate and bet on such cryptocurrencies such as Bitcoin, Litecoin, and Ethereum, as well as other Blockchain assets.
Bullish about Bitcoin

Bitcoin 'Going To Moon,' Could Reach $1 Billion: FOX News

FOX News has joined the mainstream networks bullish on Bitcoin, embracing claims it could reach up to 
$1 bln.

In a  segment of Making Money June 30, anchor Charles Payne hosted a celebration of Bitcoin, the latest rally of which could see it reach $1 mln "within the next few years," he agreed.

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