Bitcoin maximalist Max Keiser also informed that he’s sitting on a staggering 20,000,000% profit on his BTC stash accumulated since 2011.
Earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) registered a strong price rally and is currently flirting around $44,000 levels. With the Bitcoin price already up by 166% since the beginning of 2023, analysts continue to share more bullish views. Max Keiser, the popular Bitcoin maximalist and advisor to El Salvador President Nayib Bukele, has given a mega-bullish prediction for BTC.
He noted that the price of Bitcoin has been trailing behind the increase in hashrate. Concurrently, he suggested that the targeting and takedown of competitor Binance’s CEO Changpeng Zhao were orchestrated by major Wall Street players. Keiser believes that the current surge in price is aligning with the implied hash-adjusted price of $375,000.
The anticipation expressed by Bitcoin enthusiast Max Keiser aligns with the sentiment of Galaxy Digital CEO, who envisions Bitcoin reaching its previous highs of $69,000 upon ETF approval. Novogratz further anticipates a substantial influx of billions of dollars into the ETF industry within the initial year of Bitcoin ETF trading.