Bitcoin Price Will Hit $400,000 When USD Collapses, Analyst Predicts
Bitcoin investor and Keiser Report host Max Keiser increased his Bitcoin price prediction from $100k to $400k, explaining that the increase in value will coincide with the U.S. dollar collapse.
Keiser said the reason for new all-time highs in the stock market is not because the economy is doing well, but because “the currencies are collapsing.” He told Cointelegraph when the dollar collapses, the Bitcoin will gap higher “by 10,000 at a clip” before making a run to $400k.
“My target for BTC since 2011 has been $100,000 and I recently upped that to $400,000. The timing depends on when exactly the USD collapses,” said Keiser.
Taken from here... (https://www.ibtimes.com/bitcoin-price-will-hit-400000-when-usd-collapses-analyst-predicts-2997947)
Do you think it is really possible that Bitcoin can go to the moon in case the US Dollar will collapse? This can be a hard scenario for anyone and for me yes this is possible but remember that the collapse of the dollar can also be bringing many gloomy aspects...and Bitcoin can be affected by these factors likewise.