Bitcoin To Hit 50,000$ By 2022? Quick Facts

We all know that at this point predicting Bitcoin's future price is a broken record, but this article seemed like one of the more conservative opinions I've seen in some time. A renowned critical analyst by the name of Ronnie Moas (Share Analyst at Standpoint Research) who predicted Bitcoins Price of 5,000$ in 2017 and was dead on, has now gone on to predict a Bitcoin price of 50,000$ by 2022. That would be a 12x Increase from its current price.

He believes in the coming years with such a small share circulation there will be a surplus of people trying to get there hands on Bitcoin, which has already surpassed Gold.

Bitcoins market cap also passed Goldman Sachs which sits at a net-worth of 90.6B.

He also goes on to say Bitcoin by 2022 has the potential to beat out Apple which currently sits at a 800B market cap. I like this guy but of course any speculation has to be taken with a grain of salt, only time can tell.

Also I think its safe to say that alt season has begun and Bitcoin's price might see some more depletion in the coming weeks up until Segwit2X in November, this year instead of trick or treating I think we should be filling our pillow cases with some tasty Alt-coins.

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