Max Kaiser: Bitcoin will grow by 500% this year

One of the first investors and supporters of bitcoin, Max Kaiser, is not overwhelmed by the recent load on the cryptocurrency market.

BAn interview for The Wolf of All Streets Kaiser said that the money seal and new inflation expectations this year will force companies to buy BTC more often.

The expert emphasized that corporations are taking part in the mass buying of bitcoins, which by the end of 2021 will lead to an increase in prices by 500%.

«Corporate America... needs to take a step.I think this will happen in 2021. My target price for 2021 remains $220,000 for Bitcoin. This is an aggressive price target, but it is based on the fact that the US dollar is facing serious problems.

Kaiser pointed to the first purchase of bitcoins by MicroStrateg for $ 1 billion, which is headed by General Director Michael Sailop, as a variable content option.

“Now every CFO, every CEO and every board member of every public company needs to take this into account.”

The former trader also highlighted the commentsLegendary Institutional Investor Paul Tudopa Johns on the fact that BTC is a digital form of gold, which is the fastest way to save money.

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