Buy SuperiorCoin with SBD/STEEM

Buy SuperiorCoin with Steem and Steem Dollar on Steemit

Tuesday, August 8, 2017

Bitcoin Will ‘Cruise Through’ $5k in the Short Term - Max Keiser

Bitcoin Will ‘Cruise Through’ $5k in the Short Term - Max Keiser

Max Keiser has repeated his vision of Bitcoin reaching $5,000, as prices Monday steam towards $3,500. A bull run for BTC which began Friday has continued, accelerating Monday so see the cryptocurrency gain a further 4.7 percent in the past 24 hours.

Keiser, who had previously forecast Bitcoin climbing to $5,000 “in the short term,” reiterated his opinion in light of the latest price action. Keiser added that Bitcoin’s price could easily “cruise through” the $5,000 barrier.

“Government money printing monopolies are being replaced,” he added.

Concerns that the Bitcoin Cash fork could impede progress toward this goal have subsided as the price of Bitcoin Cash has tumbled. Though Bitcoin Cash price is slowly recovering, it faced significant losses last week as it dropped from $727 to almost $200. Currently, it is trading at around $290, up 30 percent since Sunday, but still no apparent threat to Bitcoin’s supremacy.

Full story at

Source: CoinTelegraph

Tweet This Story




If you appreciate the things I share, consider making a contribution
no matter how small via PayPal or with TransferWise (EUR).
If you use Bitcoin you can send donations to my Bitcoin Wallet:

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Copy and paste this code into your pages.