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?? Bitcoin bull Max Keizer expects a huge price hike
?? Institutional investors would enter
?? Bitcoin will become rare for private investors
Max Keizer, founder of Heisenberg Capital and presenter of the television show Keizer Report, is considered a keen critic of the global financial system. Now it lived up to this reputation again.
The (temporary) #Bitcoin the price suppression scheme is a godsend for the poor to accumulate sats * now * before retail liquidity runs dry and the price rises to parity levels with gold around $ 400,000
– Max Keizer (@maxkeiser) October 16, 2020
When asked by the online crypto portal “CryptoPotato” in response to a tweet in mid-October, it said its “forensic analysis of the Bitcoin market – supported by insiders – would suggest that futures traders are currently pushing the price. of Bitcoin down to attract institutional investors “. To give their boats the opportunity to fill their boats “.
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Even so, Keizer, known for his optimism and strong fondness for BTC, reiterated his earlier prediction that Bitcoin will soon hit the tentative $ 28,000 target. This would be a new record, because the previous all-time high is around $ 20,000.
Bitcoin almost more available soon
Once Bitcoin has achieved this intermediate goal, it would become a significant turning point. Because then people would change their minds about cryptocurrency, Keizer says.
But then it may be too late to start. Because the Bitcoin bull is convinced that the Bitcoin market for private investors will now be dry: “The supply of BTC for sale will be extremely small at any price,” he warns. Because then “institutions, companies and governments would buy directly from miners and probably pay huge surcharges in the process”.
Expected price explosion
As can be seen from the October 17 tweet, Keizer sees the current intrigue to suppress the price of Bitcoin as a “gift from God to the poor”, because it offers them a cheap entry opportunity before the price goes to. stars.
Compared to “CryptoPotato”, the publicist added: “For the poor of this world, the current price level and availability is a unique opportunity to acquire strong money that cannot be confiscated before the price rises from 40 to 80 times jump high. ”
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Bitcoin opponents like stock market legend Warren Buffett, Keizer predicts hyperinflation will make their wealth disappear into thin air. The Oracle of Omaha has repeatedly made negative statements about Bitcoin, justifying this with the fact that cryptocurrencies are essentially worthless and produce nothing. He even went so far as to compare the cryptocurrency hype with the Dutch tulip craze of 1637, considered the world’s first speculative bubble in economic history. He once described Bitcoin as “rat poison in the power of two”. Bitcoin fans therefore consider the 90-year-old to be at least old fashioned.
Editing of Finanzen.net
Image sources: GeniusKp / Shutterstock.com, 3Dsculptor / Shutterstock
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