Max Keiser predicts Bitcoin will "soon" rise to $220,000
Bitcoin will "soon" rise in price to $220,000. This forecast was presented by TV presenter and founder of Heisenberg Capital Max Keiser.
The expert referred to gold quotes reaching a new historical maximum above $2,700.
The previous ATH for the precious metal was recorded in 2020, when the world faced a pandemic that required the world's leading central banks to reduce interest rates and launch quantitative easing programs.
In September, the Fed began a cycle of easing monetary policy with a step of 50 bp. This happened for the first time since March 2020.
Keiser expects BRICS to launch a "gold-backed US dollar killer" at the upcoming summit in Russia.
In July, the organization announced its intention to create a blockchain-based payment system to weaken the dominance of the USD and SWIFT.
Earlier, Bernstein linked the rally of the first cryptocurrency with the increased chances of Donald Trump winning the US presidential election in November.
Recall that Keiser predicted the growth of Bitcoin to $220,000 back in 2021.
