The host of the Keiser Report, Max Keiser, in a series of tweets on July 27, the famously outspoken host of the Keiser Report, predicted that the price of bitcoin is headed for six figures after a correction period near $30,000. Keiser made the prediction as Bitcoin passed $11,200 during a day of surprises. The bitcoin price witnessed a spike this week above the $10,000 mark for the first time in six weeks.
Keiser silences bitcoin critics.
The vocal bitcoin advocate, Max Keiser, further took a swipe at bitcoin critic Peter Schiff. Schiff, who has been celebrating gold hitting all-time highs against the U.S. dollar, had previously dismissed Bitcoin’s rise. During a debate with Morgan Creek Digital co-founder, Anthony Pompliano, on his YouTube channel on Sunday, he said it’s put up or shut up for Bitcoin – it’s got to hold $10,000 now. Keiser had little time for this and Schiff’s other arguments, claiming that, in fact, the Bitcoin skeptic was secretly regretting his choice of gold.
Bitcoin continues to rise as the pandemic continues to rage on.
At the time of writing, the price of bitcoin is trading just above $11,000. But the prediction for the leading cryptocurrency is still bullish as Keiser predicted that bitcoin is heading towards $30,000 and then six figures. The leading cryptocurrency that witnessed one of its worst days earlier this year in March, when it reached below $4,000 mark, has recovered quite well since then. The COVID-19 pandemic has not slowed in most countries, but the markets have started to open back up, and the economy has started flowing once again after it was put on hold for a few months. The leading cryptocurrency has proved itself to be a safe heaven in the time of crisis.