Max Keiser: Bitcoin (BTC) Is Poised To Surge 500% before the End Of 2021
AI Trading

Max Keiser, a Bitcoin proponent and early investor, has predicted that the flagship cryptocurrency still has the potential to surge 500% before the end of 2021, stating that he’s undeterred by the recent crash of the crypto market.

In a new interview on The Wolf of All Streets podcast, Keiser stated that the increase in money printing and fresh signs of inflation will propel companies to increasingly purchase Bitcoin (BTC) in 2021, which would impact its price positively.

Read Also: Largest U.S Bank JP Morgan Says Bitcoin (BTC) Is Poised To Hit $146,000

Max Keiser noted:

AI Trading

“When corporate America really runs out of room to finagle and to escape the Bitcoin reality, they’ve got to make the move. I think it happens in 2021. My price target for 2021 is still $220,000 per Bitcoin. It’s an aggressive price target, but it’s based on the US dollar running into severe trouble.”

Keiser cited MicroStrategy’s initial $1 billion Bitcoin purchase led Michael Saylor as an example to prove that the era of corporate investment in Bitcoin (BTC) is here.

“He’s thrown down the gauntlet. And so now, every CFO and every CEO and every board member of every public company now has to take that on board.”

Read Also: Someone Loses Laptop Containing 10,000 BTC Worth $571 Million

Highlighting comments from veteran institutional investor Paul Tudor Jones, Keiser said:

“Institutions realizing that inflation is in fact not transitory. It’s secular. It’s structural. It’s here for the long haul. And if you’re not protecting yourself, you’re going to be wiped out. And as Paul Tudor Jones said about Bitcoin, it’s the fastest horse in the race, when he’s comparing it to gold for example. So you get this wave – a tsunami of cash – comes back into Bitcoin.”

Follow us on Twitter, Facebook, Telegram, and Download Our Android App

AI Trading produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.