In late July, an audacious figure of $5,000 per Bitcoin was predicted by stock researcher Ronnie Moas for the year end. However, the recent rally has seen Moas shift that figure by a full $2,500 to $7,500 as predictors try and keep up.
With this prediction, Moas is also expecting the market value of all digital currencies to jump from around $140 bln to $2 tln, with Bitcoin being the main influencer in that.