Popular TV host and bitcoin bull Max Keiser has raised his price prediction for BTC for the first time since 2012, when the coin was reportedly trading for $1.
Keiser, who hosts the financial program “Keiser Report,” gave his prediction during an appearance on Infowars on Monday. Keiser told host Alex Jones that his previous prediction for bitcoin reaching $100,000, which he made during 2012, was too conservative.
I am officially raising my target for Bitcoin — and I first made this prediction when it was $1, I said this could go to $100,000 — I’m raising my official target for the first time in eight years, I’m raising it to $400,000.
Keiser framed his comments amidst global unrest, and called bitcoin’s price “attractive” despite slipping below $10,000.
The good news… is that Bitcoin at $10,000 or $9,300 is equally as attractive as it was when it was $100.
Keiser’s bullish prediction joins a host of others expecting the price of BTC to increase exponentially in the coming years. Crypto analyst PlanB recently published his model showing bitcoin potentially overshooting $100,000. Bobby Lee, CEO of bitcoin wallet Ballet and founder of BTC China, said that bitcoin could reach $500,000 within the next decade.
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