The rise in inflation of national currencies will lead to Bitcoin reaching the $ 220 thousand mark in 2021, says Max Kaiser, founder of Heisenberg Capital. According to him, the price of bitcoin symbolizes that fiat currencies around the world are in a “hyperinflationary collapse”, writes RBC Crypto.
#Bitcoin price is signaling fiat money around the world is in a hyperinflationary collapse against Bitcoin. Please keep boosting inflation so my 2021 target of 0,000 comes sooner! 👍😎 https://t.co/NTqMmiH9YQ
— Max Keiser (@maxkeiser) March 15, 2021
Kaiser is a longtime supporter of Bitcoin. Last summer, when the cryptocurrency was trading for about $ 10 thousand, he predicted that its quotes would reach $ 100 thousand. This is not the most daring prediction of the TV presenter.
In February 2020, the founder of Heisenberg Capital claimed that in the future, the asset’s quotes will reach $ 400 thousand. According to Kaiser, at a rate of $ 10 thousand, bitcoin was as attractive an investment as when it was worth $ 100.
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