Max Keiser Sets New BTC Price Prediction Target, Suggesting Bitcoin Will Hit $400,000

Highly acclaimed TV host Max Keiser said he’s raising his Bitcoin (BTC) price target again after he last did it in 2012, so he expects the price to hit the $400,000 record. As he spoke on February 17 for the news show Infowars, he told host Alex Jones that his previous $100,000 prediction was too conservative. These are his exact words on this:

“I am officially raising my target for Bitcoin — and I first made this prediction when it was $1, I said this could go to $100,000 — I’m raising my official target for the first time in eight years, I’m raising it to $400,000.”

BTC Still “Attractive”

Keiser spoke whole the coronavirus is continuing to overshadow the global markets and while BTC is trading daily at under $10,000. He mentioned that short-term volatility shouldn’t be taken into consideration and that BTC is as “attractive” at its current levels as it used to be when originally forecasted.

Keiser More Bullish Than Most BTC Supporters

Not mentioning a timeframe for its 40x returns prediction, Keiser is more bullish than many well-known BTC supporters out there. Even Tim Draper, who’s known for his good predictions, thinks that at least until 2014, the BTC/USD will be at $250,000, which is more modest than what Keiser believes. John McAfee said he will eat his own penis in case by 2021, BTC doesn’t crack $1 million. However, he withdrew from this bet a while back.

At the same time, the Bitcoin wallet Ballet’s CEO Bobby Lee thinks BTC will have the $500,000 price in 2028. A historically technical indicator that’s more accurate has made some calculations and averaged BTC at $100,000 in the time period between 2021 and 2023. During the show that had Keiser as a guest, Jones said he can’t promote BTC because he doesn’t understand it, so Keiser explained him how stats are stacked.

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Author: Oana Ularu

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