Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

New Bitcoin All-Time High Coming Predicted by Max Keiser, Here's His Major Argument

Published 2023-12-13, 08:44 a/m
© Reuters.  New Bitcoin All-Time High Coming Predicted by Max Keiser, Here's His Major Argument
BRKa
-
BTC/USD
-

U.Today - Prominent Bitcoin maximalist and early BTC buyer Max Keiser has taken to the Twitter/X social media network to make another bullish Bitcoin price prediction that he expects to happen soon. He did not specify how high he believes BTC will surge, if it does.

Keiser shared a new argument to support his optimistic BTC price expectation.

“New Bitcoin ATH incoming”

Bitcoin evangelist Max Keiser tweeted that he expects a “new ATH incoming” because “the Warren Wiggle is done.” Keiser did not specify what exactly he meant to say about legendary traditional markets investor Warren Buffett. However, the latter is a vocal Bitcoin critic, taking several public jabs at the flagship cryptocurrency over the past few years.

The most famous critique made by Buffett against Bitcoin referred to BTC as “” during the meeting of Berkshire Hathaway (NYSE:BRKa) shareholders in 2022. Back then, Bitcoin was changing hands at $40,000, but Buffett’s statement pushed the price down to about $36,288.

Warren Buffett’s right-hand man, Charlie Munger, aged 99, passed away. He also was a persistent Bitcoin critic, suggesting earlier this year that BTC would eventually go down to zero. Recently, Berkshire Hathaway by market cap significantly.

Max Keiser’s most recent (and constant) Bitcoin price forecast was: He usually employs various reasons to back up his prediction. As reported by U.Today recently, a major Bitcoin-focused account on Twitter/X also predicted that within a year or two after the approaching halvening, Bitcoin may demonstrate at least a 6x rise, which would take it close to $220,000.

A massive increase for Bitcoin was noticed after each of the three halvings that have taken place so far. After miners’ rewards were cut in half in May 2020, Bitcoin skyrocketed to $69,000 in November 2021.

El Salvador about to receive $136 million in Bitcoin

On Monday, that more than 100 wealthy individuals signed up to apply for citizenship in El Salvador – the first country that adopted Bitcoin as a national currency. Each of these people will part with $1 million in Bitcoin (or USDT) as donations to the country’s economy and future.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.