Bitcoin

Bitcoin Dominance Will Touch 80%, Prices Heading Towards $15,000 Says Max Keiser

Heisenberg Capital co-founder and CEO Max Keiser predict that Bitcoin (BTC) will continue to grow in the coming days. In a tweet on Sunday, Keiser stated that dominance of Bitcoin in the crypto markets will increase, and reach 80%.

After breaking the losing streak in February and tripling in value in three months with a peak of around $14,000, Bitcoin started falling since late June, hitting a low of around $9,400. However, the market has recovered in the last few days and is back to around $11,600. While critics have slammed these fluctuations, industry experts have asked the investors to ignore any short-term swing.

In another tweet, Keiser stated that the current chaos in fiat currencies will push the BTC prices to over $15,000 this week. On Sunday itself, Bitcoin grew by a thousand dollars.

Keiser was among the first people to state that Bitcoin will cross $1 million in the next couple of years, while also predicting that the prices will tough the $100,000 mark by the end of this year. The Heisenberg Capital Chief continued to be positive for Bitcoin growth, even during the horrible bearish trends of 2018. 

However, Keiser hasn’t been so optimistic about other cryptocurrencies. It was reported last month that the crypto show presenter at RT news network thinks that all other altcoins will die, and only Bitcoin will survive. Though, he had predicted that Facebook’s stablecoin will destroy Ripple. Nonetheless, Keiser has always maintained that users must invest only in Bitcoin.

Bitcoin industry experts have always urged people to hold Bitcoin and refrain from selling. In fact, Binance Chain chief Changpeng Zhao had lashed out at those who sold Bitcoin when the prices fell below $10,000 in the last few days. He had tweeted,

Slap yourself… If you sold BTC under $10,000… So that you remember….

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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