Why the Needham Bitcoin Price Prediction Got a 29% Bump to $848

Just six months after its last Bitcoin price prediction, Needham & Co. has revised its estimate upward to $848. The last report proved prescient, as it set a target of $655 when the price of Bitcoin was just $415. Needham was impressed by several changes it saw in Bitcoin since March. Here's why Needham sees so much potential in the Bitcoin price in the months and years ahead... Tags: bitcoin price prediction To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why the Needham Bitcoin Price Prediction Got a 29% Bump to $848 appeared first on Money Morning - We Make Investing Profitable .