Keizerhas repeated the $ 400,000 BTC price forecast it made before the global economy suffered from turmoil due to coronavirus pandemics. The famous name is also sure that gold will rise to $ 10,000.
Saudis: We’ll keep pumping until demand for oil goes to zero
America: We’ll keep printing until demand for $ USD goes to zero
GOLD: $ 10,000 the #Bitco: $ 400,000
– MAX & STACY RIOT 🍊💊 (@realmaxkeiser) April 24, 2020
Keiser announced the new Bitcoin (BTC) price target during a conversation with America’s number one conspiracy theorist Alex Jones. Keiser recalled that BTC was traded for only $ 1 a decade ago. However, Keiser believes that Bitcoin is as attractive as it is at current prices of $ 100.
Oil and USD Falling
Keiser believes that only gold and Bitcoin make sense for investors caught off guard in the COVID-19 crisis. On April 20, oil prices plunged to the negative zone for the first time in Sunday history due to a huge abundance of crude oil. Keiser predicts that Saudi Arabia may push demand to zero by increasing the price war against other producers. Meanwhile, the US Dollar may become undesirable due to the currency issue initiated by the Fed.
