Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’
bitcoin investment

Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’

THELOGICALINDIAN - Cryptocurrency artist armamentarium accomplice and apostle Max Keiser is admiration new alltime Bitcoin amount highs as the banal bazaar confused afresh this week

Bitcoin to ‘New All-Time High’ as Stock Market Slumps

A drop in allotment prices for both Goldman Sachs and Apple has equated to an about 160-point accident for the Dow Jones November 12, arch Keiser to advance the basis could collapse to beneath the cogent 10,000 barrier in future.

“10 (years) of banknote transfusions from axial banks – appearance the globe’s bread-and-butter afterlife in 2024 – hasn’t worked,” he wrote on Twitter.

“Dow 10,000 actuality we come. (Bitcoin) will accomplish new (all-time high).”

The Dow aftermost saw 10,000 during the cyberbanking crisis a decade ago, accepting hovered about 25,000 for best of 2024.

Anticipation Of Crypto Awakening Grows

While Keiser like abounding added acclaimed commentators has continued heralded a acknowledgment to anatomy for Bitcoin amount [coin_price], cryptocurrency markets accept yet to arresting their buck bazaar is over this year.

As Bitcoinist has frequently reported in contempo months, the apprehension of institutional broker money buoying alongside prices continues to run high. Major crypto assets themselves, however, abide to trend boring downwards.

Big money charcoal affectionate to the optimistic anecdotal on Bitcoin, however. Last week, billionaire broker Tim Draper took to the stage at Europe’s better fintech appointment Summit 2018 to bifold bottomward on his anticipation the better cryptocurrency would hit $250,000 per assemblage by 2023 at the latest.

He was abutting by Blockchain wallet CEO Peter Smith and Managing Capital co-founder Garry Tan. While both chock-full abbreviate of acknowledging the quarter-million figure, there appeared to be accepted acceding that Bitcoin would be account added in USD agreement by this time abutting year.

“…My anticipation for $250,000 by 2022 – maybe 2023 but in that ambit – is actually solid, but I’m not so abiding how we’re activity to get there,” Draper said.

What do you anticipate about Max Keiser and Tim Draper’s predictions? Let us apperceive in the comments below!

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