EU and US could reach trade deal this weekend - Reuters
U.Today - Max Keiser, a financial journalist and renowned Bitcoin supporter, has addressed the crypto community with a major warning about BTC and the rest of the assets on the market. Currently, Keiser occupies the position of Bitcoin advisor to Nayib Bukele, president of El Salvador.
Keiser cited Elon Musk’s recent tweet, predicting Bitcoin to soar to $2,200,000 soon.
Keiser’s Bitcoin warning
Max Keiser made a maximalist’s statement about Bitcoin, stressing his belief that BTC is the strongest asset in the market in the long term. “Everything goes to zero against Bitcoin,” he tweeted.Keiser added that “everything is relatively or absolutely a Ponzi scheme compared to Bitcoin.”
Earlier this year, Keiser made several ultra-bullish Bitcoin price predictions, forecasting BTC to skyrocket “in a jiffy.”
Bitcoin at $2,200,000 in play, Keiser responds to Elon Musk’s tweet
In mid-May, Keiser posted on X about the worsening economic situation in Japan. The Bitcoin OG cited a tweet about the country’s debt-to-GDP soaring by more than 260%, about the soaring JGB yields, the falling yen, about the country’s central bank being unable to control the yen and capital flowing from the country into U.S. assets and into Bitcoin specifically.Keiser called this situation the start of a global “bondapocalypse” that is coming. As for Japan, he said it is “a slow motion train wreck” that is about to “finally bust.”
With this on the horizon, the Bitcoin maximalist predicted that for BTC, “$2,200,000 [is] in play.”
Over the past 24 hours, the global largest cryptocurrency has declined by almost 1.5%, falling from $106,670 to the $105,570 zone. Over the past few days, Bitcoin has been trying to overcome the aforementioned resistance, but it has kept rebounding.
At press time, BTC is changing hands at $105,550. Earlier today, he repeated that forecast, responding to Elon Musk’s tweet about the new Congressional spending bill that Musk believes may increase “the already gigantic budget deficit to $2.5 trillion.”