Connect with us

Prices of major cryptos

Fragile Stock Market Could Push Bitcoin Price To $25,000: Max Keiser



What’s bad for the global stock market is good for bitcoin, believes veteran economic theorist Max Keiser.

The founder of crypto-only venture capitalist firm Heisenberg Capital turned bearish on equity markets, fearing that they would collectively fall by 15,000 points. He further envisioned that a stock market crash might prompt investors to take their capital into perceived safe-haven assets. Excerpts:

“Stock market showing signs of extreme fragility. An air-gap of 15,000 points sits beneath current prices. When the trap door opens, expect. Bitcoin at $25,000 and Gold at $3,000.”

The comments came on the day when the world’s top ...

Read More

Continue Reading