Bitcoin Will Surge To $400K According To Max Keiser

The famous TV host in the cryptocurrency world, Max Keiser, has doubled down his earlier predictions about BTC. In the crypto news today, we can see Keiser’s prediction that Bitcoin will surge to $400,000 – a new price target which he has set for the first time since 2012.

Keiser spoke on the news information show Infowars on February 17th and in a discussion with the host Alex Jones, said that his old prediction of $100,000 was now too conservative. As he told the show:

“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.”

Bitcoin will surge to $400k as Keiser said. He was speaking as the coronavirus continued to overshadow the global markets and Bitcoin traded lower on the day at below $10,000. Keiser was confident and unfazed by the short-term volatility which is now viral in the Bitcoin price news. He said that the most dominant coin was “equally as attractive” at the current levels as it was at the time of his original forecast.

“The good news… is that Bitcoin at $10,000 or $9,300 is equally as attractive as it was when it was $100,” he explained.

While Keiser did not name a specific timeframe for this, he answered the “what is the benefit of Bitcoin” question and told the media that 40x returns would make him more bullish than the majority of even the best-known Bitcoin supporters.

Even the popular venture capitalist Tim Draper believes that at least by 2024, BTC/USD should make it to a more modest $250,000. Meanwhile, we saw other predictions by McAfee, who said that Bitcoin will surge to $1 million by 2021, and subsequently withdrew from his bet.

The CEO of the Bitcoin wallet Ballet, Bobby Lee, was also in the news for his $500,000 price prediction for BTC for 2028. Meanwhile, one historically accurate technical indicator has calculated an average price for Bitcoin at 0,000 for the period between 2021 and 2024.
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Besides all of these predictions, the reality now is that BTC is still stuck in the $9,000 region in which it fell over the past couple of days, now trading at $9,800 with a 1.70% decline on the day.