Bitcoin could nearly double and reach $5,000 soon, says Standpoint Research
Bitcoin traded near $2,600 Wednesday, according to CoinDesk. Standpoint Research founder Ronnie Moas said the digital currency could rise to $5,000 "in a few months." "This is not something I could keep my hands off of," Moas said Stock research analyst Ronnie Moas said he bought bitcoin this weekend and thinks it could reach $5,000 within a year. "$5,000 could happen in a few months. It's only starting to gain traction right now," Moas, founder of Standpoint Research, told C
GOLDMAN SACHS: Bitcoin could see a big drop then surge to almost $4,000
Bitcoin had a blistering first half of 2017. It rallied from about $1,000 a coin to a record high near $3,000 before finishing June near $2,500. It booked a first-half gain of about 168%. The historic run for the cryptocurrency has prompted observers both in the tech world and on Wall Street to talk about the cryptocurrency being in a "bubble." Last week, Jeffrey Kleintop, the chief global investment strategist at Charles Schwab, suggested bitcoin was in a bubble unlike any w
