In recent weeks, analysts have speculated where the price of bitcoin could end up. Some believe that the price of the cryptocurrency can reach as high as $100,000 within just a few years.
Crypto personality: The banks will implode
Now, crypto personality and tv-host Max Keiser has spoken on the subject, and he gives bitcoin a very good forecast. The global financial system, in his opinion, does not face as bright a future, Bitcoinist reports.
“New global financial crisis driving safe-haven money into bitcoin and gold. It takes 25 to 30 times greater capital flow into gold to move it one percent than bitcoin. Bitcoin will move 25 to 30 times faster to the upside than gold as the banks implode”, he writes on Twitter.
The question is whether he is right. His forecast may possibly be helped by bitcoin being halved next year. You can read about that here.