The Bitcoin exchange rate moves for several weeks now to the $ 10,000 limit. The strong psychological support could not be broken until now. Many analysts and crypto-experts see a possible new floor for Bitcoin exchange rate. One of them is Max Keiser, the famous TV presenter and financial expert believes to a close the Bitcoin price rise to $ 25,000. This he calls the economic and political problems as the main reason.
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Bitcoin price soon to $ 25,000 or more by a distrust in Central banks?
In a Tweet Keiser claims that the deterioration in the global economic Situation will lead to a rush to Bitcoin. In particular, the Analyst points to the growing political and economic turmoil between the Federal Reserve’s (=FED), and the White house.
Bitcoin’s mathematically-driven and autonomously implemented monetary policy addresses both political and monetary Chaos.
The Open warfare at the Fed, the world’s Central Banks and the White House is the perfect setup for #Bitcoin $25,000. Bitcoin’s mathematically driven, autonomously implemented monetary policy fixes both political and monetary chaos. https://t.co/gxGOPoi8Iu— Max Keiser, tweet poet. (@maxkeiser) on August 27, 2019
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The FED did not do not a cure for what ails us, just as the (European Central Bank) and (Bank of Japan) at this time
Peter Boockvar, CIO of the Bleakley Advisory Group, told CNN.
New Bitcoin price floor at $ 10,000?
The sideways movement of Bitcoin price makes it ever more likely that the BTC could break out of course soon. Max Keiser is even a new Bitcoin price floor. This could mean that the Bitcoin price will fall below the $ 10,000.
$10,000 is the new $100. #Bitcoin— Max Keiser, tweet poet. (@maxkeiser) on August 27, 2019
Regardless of in which direction the Bitcoin price in the short term is to move, the experts are not sure about the long-term development of almost all agreed. The great potential in Bitcoin, was not recognized by many yet. It is to compare with the early years of the Internet, as the majority of the people could not have imagined, impact of technology on our everyday life. Bitcoin and crypto in the world will change currencies in the next 15 years, and have a lasting impact.75 % of private CFD accounts lose money. No EU investor protection.Will lead the next economic crisis to a Bitcoin exchange rate Bullrun? Come in to our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News. (Image Source: Shutterstock)