Cryptocurrency inventor, fund manager, analyst and one of the first proponents of Bitcoin, Max Keiser, suggested that Bitcoin will be on its way to reach an all-time record level again, as stocks depreciate in the US this week.
<
The decline in the share values of Goldman Sachs and Apple triggered the 160-point depreciation of Dow Jones on November 12, according to Keiser, these developments paved the way for the index to fall below the critical 10,000 threshold in the coming days.
Keiser After these events, he shared these words on Twitter;
“The cash move of central banks for 10 years did not work.. They couldn’t mask the death of the global economy in 2008.
We’re back at the Dow 10,000. Bitcoin will break the all-time record.”
10 yrs of cash transfusions from central banks – masking the globe’s economic death in 2008 – hasn’t worked. Dow 10,000 here we come. #Bitcoin will make new ATH.
— Max Keiser, tweet poet. (@maxkeiser) November 12, 2018
The Dow index last saw the 10,000 level ten years ago in the 2008 financial crisis.. The index, which currently has a value of 25,286.49, is valued around the 25,000 band in 2018.
Crypto Awakening Rumors Are Increasing
Many Bitcoin advocates such as Keiser believe that the leading crypto currency will wake up and that all time will be lost. Although he suggested that he would reach the record level again, Bitcoin and cryptocoins could not escape the effect of the bear season in 2018.
While the interest of institutional investors towards Bitcoin and its companions has increased noticeably, in the past months Nasdaq, ICE Giant financial institutions such as Fidelity and Fidelity have expanded their breakthroughs in cryptocurrencies by openly expressing their interest in Bitcoin. claimed that it is still strong enough to reach $250,000 by 2023.
Peter Smi, CEO of Blockchain wallet, alongside Tim Draper th, Managing Capital co-founder Garry Tan and Shapeshift CEO Erik Voorhees are among the names who claim that Bitcoin will gain value in the next year.
Bitcoin, the leading cryptocurrency, is worth 6,357 USD in international markets, according to Coinmarketcap data as of publication time. According to Turkish data, it is trading at the level of 34,700 TL.
Follow us on Twitter, like our Facebook page and join our Telegram channel to be instantly informed about the last minute developments!