$220,000 Per Bitcoin Still in Play – Max Keiser Gives Major Reason

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Prominent Bitcoin evangelist explains why he remains optimistic, expecting BTC to hit $220,000

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

The cited X post states that the U.S. intends to borrow $1.5 trillion this and next quarter after it had borrowed a staggering $1 trillion just last quarter. The rapid growth of the U.S. debt is persuading Keiser that the global flagship cryptocurrency is going to increase in price radically.The increase of the circulating money mass has been believed to be one of the main catalysts for Bitcoin's price growth over the past three years, since the pandemic struck the world in 2020.

Next to him stands investor and financial guru Robert Kiyosaki, famous for his book"Rich Dad, Poor Dad," who expects the next stop for. Overall, in his earlier predictions this year, he named a much bigger number — $500,000 by 2025. His reason was the intention of BRICS state leaders to create a new gold-backed currency for trade settlements to reduce the dependency on the U.S. dollar.Yuri is a crypto journalist interested in technology and technical innovations.

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.Shytoshi Kusama Presents SHIB Name Service on Shibarium, Here’s What to KnowShiba Inu Sees Epic 455% On-Chain Spike But Struggles to Erase Another Zero From SHIB Price

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Ricardo Salinas Interview: Billionaire Says 'Buy Bitcoin, Sell Bonds, Reject Inflation'Bitcoin Magazine sits down with Ricardo Salinas, chairman of Mexican media giant TV Azteca, to discuss his outlook for Bitcoin and why he believes it will reshape finance.
Source: BitcoinMagazine - 🏆 461. / 53 Read more »

End of ‘Uptober’ targets $40K BTC price — 5 things to know in Bitcoin this weekBitcoin stares down a major macro volatility week with BTC price holding 17-month highs.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin builder climbs Africa's tallest mountain to raise awarenessThe Bitcoin Lightning Network and decentralized protocol NOSTR fuels local boy Kweks' Kilimanjaro expedition.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin (BTC) Technical Outlook – Chart Suggests Higher Prices are LikelyBitcoin (BTC) refuses to break lower and the technical outlook remains positive for the weeks ahead
Source: DailyFX - 🏆 305. / 63 Read more »