Bullish Ronnie Moas, the founder of Standpoint Research Founder, having successfully predicted recent Bitcoin highs, sees 500 percent Increase for the preeminent cryptocurrency in the coming year.
John McAfee predicts Bitcoin value to reach 1 million USD by end of 2020.
Considering the total market cap of the cryptocurrency market, Bitcoin can be said to have grown astronomically. However, Bitcoin is a baby.
There are speculations that Bitcoin could turn out to be a safe haven for institutional investors during the next stock market crash.
The analyst who had earlier predicted the price of Bitcoin to touch $5,000 this year recently declared that it will overtake the $800 billion business market cap of Apple in as little as five years.