The bitcoin rate this year will grow by 500%, the head of Heisenberg Capital and TV presenter Max Kaiser is sure. According to him, large corporations and companies are increasingly buying cryptocurrency because of the “serious problems” of the US dollar. The Kaiser explained that the American currency is experiencing inflation due to the policy of the Fed, writes RBC Crypto.
“My target price for 2021 is still $ 220K per bitcoin. This is an aggressive price target, which is explained by the serious problems of the US dollar, ”Kaiser emphasized.
He called MicroStrategy’s $ 1 billion purchase of bitcoins a watershed moment in the history of corporate investment in cryptocurrency. Also TV presenter wrote on Twitter, which is still awaiting Bitcoin’s all-time high update by June 4th.
I’m still looking for #BTC to hit new ATH by June 4 pic.twitter.com/XIwfEhtzlK
— 🍊💊 Max Keiser (@maxkeiser) May 30, 2021
As of May 31, 10:30 Moscow time, bitcoin is trading at $ 35.7 thousand. The cryptocurrency reached a maximum of $ 64.8 thousand on April 14. Over the past 1.5 months, the asset has fallen in price by 45%.
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