Max Keiser prediction on the BTC price reaching
In 2012, the renowned face of Cryptocurrency, Max Keiser, predicted that the BTC price will reach $1,00,000 when the price was $1. Recently in one of the American TV shows, Infowars, Max Keiser predicted the BTC price to rise to $4,00,000. This comment from him came nearly 8 years after his first prediction
“I am officially raising my prediction from $1,00,000 to $4,00,000. I made my first prediction when the BTC price was just $1. I am increasing my target for the first time since 2012.” said Max Keiser who once tore dollar notes to emphasise the value of Bitcoin.
Keiser has been a known face in the Cryptocurrency industry for a decade now. With his comments, it is very clear that he is still optimistic about the BTC’s potential to show extraordinary gains. In his interview with Alex Jones, Max Keiser referred to the Coronavirus’ impact overshadowing of the Cryptocurrency market as a short term effect.
As per him, the BTC was equally attractive when the price was $100 and is attractive still today when the price has reached $10,000.While predicting, he did not give any particular time frame. Apart from this, he also targeted his haters and invited them to invest in the Cryptocurrency which as per him, can give 40x returns.
BTC Prediction By Experts
Tim Draper, the venture capitalist, also forecasted the BTC price reaching $2,50,000 by 2024.
John McAfee, the US presidential candidate, who predicted the BTC price reaching $1 million also took away his bet.
The CEO of Bitcoin Wallet Ballet, Bobby Lee, Believes that the BTC rate is supposed to reach $5,00,000 by the end of 2028.
Tom Lee, the co-founder of Fundstrat believes that BTC price is going through a bad phase and will be improvised by the end of the year.
Looking at all this forecasting done by big names, we just memorize one great saying,
“Predictions are assumptions based on analytics. It’s the time that shows a proper demonstration.”