Is the Bitcoin going towards the 10000 or 100,000 USD?
This may seem like an unrealistic goal, but let’s remember that Max Keizer had already predicted this goal when Bitcoin was worth only $ 3. It has so far exceeded 6000 USD!
For him, with 30000 openings of new Bitcoin Wallets a day, an upcoming ETF, Wall Street that is starting to take a close look at Bitcoin and the powerlessness of regulators, it’s objective is well achievable.
Already for the next weeks the forecast is 7000 USD.
On the other hand, countries like Japan, which is one of those that process more than half of global Bitcoin trade, have managed to impose much more effective regulations than the United States.
The same is true for other Asian countries that have put in place methods to combat money laundering.
The LedgerX platform, which is strictly regulated, managed to process Bitcoin and Bitcoin derivative transactions.
In addition, it is likely that shortly a Bitcoin ETF will be approved by the SEC, which would allow a large number of institutional traders to enter the digital currency market.
How should Bitcoin reach 100,000 USD?
Still according to Max Keizer, Bitcoin’s next step is to reach $ 1billion in market capitalization, which would have the effect of causing the price of Bitcoin to be $ 45,600.
For him, the market capitalization should increase from $ 103 billion to $ 2 trillion, with a Bitcoin that would then be at $ 100,000.
All this provided that the world of institutional investors is committed to large-scale trading in Bitcoin.