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Here’s What Stock Picker Who Predicted $5,000 Milestone Had To Say About Bitcoin Future

Here’s What Stock Picker Who Predicted $5,000 Bitcoin Had To Say About Bitcoin Future

Bitcoin market capitalization could overtake Apple within five years
Bitcoin market capitalization could overtake Apple within five years

According to a Bitcoin market observer who previously predicted $5,000 milestone has said Bitcoin’s market value will catch up with Apple in five years. He also said Bitcoin price could hit $50,000 in a few years.

One market observer told CNBC on Tuesday that at the rate the price of bitcoin was moving, its Market Capitalization could overtake Apple within five years.

“People need to start taking this seriously because today bitcoin caught up with Goldman Sachs,” Ronnie Moas, the founder of Standpoint Research, told CNBC.

He further added, “Within five years period, it’s going to catch Apple which has $800 billion market cap.

Bitcoin ‘s current market value is about $95.9 billion.