Highly acclaimed TV host Max Keiser said he’s raising his Bitcoin (BTC) price target again after he last did it in 2012, so he expects the price to hit the $400,000 record. As he spoke on February 17 for the news show Infowars, he told host Alex Jones that his previous $100,000 prediction was too conservative. These are his exact words on this:

“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 spoke whole the coronavirus is continuing to overshadow the global markets and while BTC is trading daily at under $10,000. He mentioned that short-term volatility shouldn’t be taken into consideration and that BTC is as “attractive” at its current levels as it used to be when originally forecasted.

Not mentioning a timeframe for its 40x returns prediction, Keiser is more bullish than many well-known BTC supporters out there. Even Tim Draper, who’s known for his good predictions, thinks that at least until 2014, the BTC/USD will be at $250,000, which is more modest than what Keiser believes. John McAfee said he will eat his own penis in case by 2021, BTC doesn’t crack $1 million. However, he withdrew from this bet a while back.

At the same time, the Bitcoin wallet Ballet’s CEO Bobby Lee thinks BTC will have the $500,000 price in 2028. A historically technical indicator that’s more accurate has made some calculations and averaged BTC at $100,000 in the time period between 2021 and 2023. During the show that had Keiser as a guest, Jones said he can’t promote BTC because he doesn’t understand it, so Keiser explained him how stats are stacked.

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