Bitcoin to Explode to $500K ‘In a Jiffy’—Max Keiser Issues Bold Prediction

Max Keiser, a prominent Bitcoin advocate and advisor to El Salvador’s president, has predicted that Bitcoin could soar to $500,000 per coin soon. According to Keiser, the jump will be swift, describing the current market setup as one that could trigger a rapid and robust rally.

Bitcoin is hovering near $100k after the price surged by over 2.50% in the last 24 hours. This price action was so in response to the U.S. Federal Reserve’s policy of not raising interest rates, which currently range between 4.25% and 4.5%, easing pressure on risk assets such as tokens.

Keiser described the possible surge in price as such a vacuum, and it works like Nature abhors a vacuum as soon as he compared the photograph to money. He now feels the lack of refusal at the $98,000- $500,000 level is pulling a financial vacuum. This, the man asserts, may push Bitcoin high as if it is moving through a pressure cooker.

The Bitcoin community has woken up to Keiser’s bold stand since he has always been active in the Bitcoin market. It is a target that he says can be achieved without notice from the current price levels to nearly 410% higher than the existing price levels.

Also Read: Bitcoin Skyrockets to $99K as $5B Floods In—$100K Breakout Imminent?

AI and Institutional Strategy Fuel Bitcoin’s Upward Momentum

In another comment, Keiser pointed out how key players in the industry are also preparing for massive Bitcoin accumulation. He referred to Michael Saylor and Vivek Ramaswamy’s use of artificial intelligence tools to improve the efficiency of Bitcoin treasury strategies.

Saylor’s firm, Strategy, has expanded its Bitcoin fundraising goal to $84 billion. This move was taken after effective AI-assessed accomplishments prompted measures to improve fund generation through stock and debt sales. Today, Strategy already has $52 billion worth of Bitcoin and is thus a significant institutional buyer.

Vivek Ramaswamy is doing a similar thing through his company, Strive Asset Management, which will soon enter the public market. The company will adopt the same Bitcoin accumulation model as the Strategy using capital raised in the public markets.

Keiser’s price prediction has boosted the bullish market sentiment. Looking ahead, a combination of agreeable monetary policy and strategic buying may be perfect for major price swings.

Also Read: Stripe Unleashes Stablecoin Accounts to Help Businesses Dodge Inflation

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