Max Keiser Says Buying Bitcoin Now Is Like Getting Berkshire Hathaway Shares At $1500 — Here's What It Means For Apex Crypto
Portfolio Pulse from Mehab Qureshi
Max Keiser, a Bitcoin advocate, compared buying Bitcoin at its current price to purchasing Berkshire Hathaway shares when they were at $1,500, suggesting a potential for significant growth. He forecasted a possible 41,828% increase in Bitcoin's value, which would elevate its market cap to over $454 trillion. This comes alongside his warning of an impending market crash, where Bitcoin would emerge as a safe haven.
February 26, 2024 | 10:21 am
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Max Keiser's bullish outlook on Bitcoin, comparing its potential growth to Berkshire Hathaway's historical performance, suggests a significant upside. He predicts a 41,828% increase, potentially raising Bitcoin's value to over $21 million per coin.
Keiser's comparison of Bitcoin to Berkshire Hathaway and his prediction of a substantial increase in Bitcoin's value could drive investor optimism and potentially increase demand for Bitcoin in the short term. However, the extremely ambitious forecast and the speculative nature of cryptocurrencies add a level of uncertainty to this outlook.
CONFIDENCE 70
IMPORTANCE 90
RELEVANCE 100