Bitcoin will increase 4,000 percent, according to Max Keizer

 

Max Keiser, one of the long-standing Bitcoin (BTC) bulls, says Bitcoin could increase another 4000 percent. Keiser predicts the future of dollar hyperinflation in response to the Fed's policy of printing more money.

Bitcoin bull Max Keiser published a massive price prediction for Bitcoin, saying hyperinflation for fiat currencies will raise cryptocurrencies.

In the latest edition of the Keiser Report, famous name Max Keiser, a longtime Bitcoin supporter, predicted that Bitcoin could increase by 4,000%. Keiser talked about hyperinflation for the US dollar amidst ongoing stimulating offers that would have the Federal Reserve print trillions of new fiats. Keizer used the following statements:

“The reason why Bitcoin is soaring is because of hyperinflation in America. And the US dollar is in a hyper-inflationary collapse against Bitcoin. And as we explained by these policy makers, the solution will always be to print more money.

Keiser claimed that in response to the Fed's monetary solution to print more money, Bitcoin is "on a higher one-way trip". He also said in the latest issue of the Keiser Report that Tesla's high-profile $ 1.5 billion investment in Bitcoin is an indication of Elon Musk's reaction to the Federal Reserve. The keizer continued:

“This is a speculative attack by Elon Musk on the Fed, isn't it? He had already gone to war with the SEC. Now he's at war with the Federal Reserve and he says: I will not buy back my shares; I'll get your cheap money. "

Keiser predicted that other CEOs at the S&P 500 would follow Elon's lead by investing in Bitcoin as a hedge against the fiat currency.