Max Keiser Predicts Imminent Bitcoin Surge to $220,000

Bitcoin will “soon” rise to $220,000, according to a forecast by television host and Heisenberg Capital founder Max Keiser.

The new ATH Gold price is predicting Bitcoin will trade over $220,000 very soon.

— Max Keiser (@maxkeiser) October 18, 2024

The expert referred to gold prices reaching a new all-time high above $2700.

The previous ATH for the precious metal was recorded in 2020, when the world faced a pandemic that prompted leading central banks to lower interest rates and launch quantitative easing programs.

In September, the Federal Reserve began a cycle of monetary policy easing with a 50 basis point move. This was the first such action since March 2020.

Keiser anticipates the launch of a BRICS “gold-backed US dollar killer” at the upcoming summit in Russia.

BRICS will announce a gold-backed $USD killer at their conference.

For every $1 Gold moves, Bitcoin moves $20

— Max Keiser (@maxkeiser) October 17, 2024

In July, the organization announced its intention to create a blockchain-based payment system to weaken the dominance of USD and SWIFT.

Previously, Bernstein linked the rally of the first cryptocurrency to increased chances of Donald Trump winning the US presidential election in November.

Keiser had already predicted Bitcoin’s rise to $220,000 back in 2021.