The CEO of Standpoint Research is not worried about the decline in the rate of the first cryptocurrency, as he is absolutely confident that by the middle of this year it will cost at least $28,000.
The analyst wrote about this on his Twitter, and, in addition, attached a screenshot that demonstrates that he bought almost 4 more BTC.
Ronnie Moas believes that at the moment “the market is being cleared of weaklings.” Moreover, the crypto enthusiast said: very soon those who rushed to sell Bitcoin will bitterly regret it. The analyst believes that the upward trend in Bitcoin will manifest itself very soon.
Other analysts have the opposite opinion, since the middle of the year is almost upon us, and the Bitcoin rate still does not rise above $9,000. However, there is hope for the emergence of a new trend, since there have already been cases of a sharp increase in the price of Bitcoin.
At the end of 2017, Ronnie Moas predicted an increase in the price of Bitcoin to $40,000.
Recall that in February, the executive director of the Bitcoin Foundation Lew Klaasen predicted that the price of Bitcoin will reach $40,000 this year.
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