Max Keiser: Get Ready for This in Bitcoin and Crypto Currencies in 2023!
Max Keiser, a name that crypto money investors have been following for years, shared his expectations about the market. The ardent Bitcoin advocate, who discussed the issue of how crypto currencies will live in 2023, seemed too optimistic compared to others. Due to the increasing FUD around Binance these days, investors’ concerns about the future are increasing exponentially. Especially when the fate of giants like Genesis is not yet clear, things are very complicated.
2023 Bitcoin and Altcoins
Max Keiser, an ardent defender of Bitcoin, says that Bitcoin can make very serious rallies before the halving event scheduled in 2024. In a new interview with Stansberry Research, Keiser said that the BTC price will continue its steady growth over the next few decades. This assessment based on the past performance of the crypto king is the optimistic expectation of many analysts.
“Bitcoin’s direction has been up for 13 years, and it will be up for the next 20, 30, 40, 50 years, so this is number one. It will definitely be like this in the long run, the direction is always up”.
Although the BTC price has fallen by about 75% from its all-time high, Keiser points out that the Bitcoin hash power is at record levels and Bitcoin is healthier than ever. According to him, Bitcoin is still strong and healthy despite losing price.
In other words, Bitcoin and altcoins may be much higher than the levels they are today in the coming year.
The Future of Cryptocurrencies
Keiser thinks that Bitcoin is advantageous in many ways against fiat currencies and others. His censorship-resistant nature could attract people to him in the coming year amid growing economic uncertainty. As a matter of fact, when inflation began to rise rapidly last year, many analysts predicted that Bitcoin would become a haven for those fleeing inflation, but this did not happen. The popular name said the following;
“I think Bitcoin is superior to gold… I look at the power of the network. I’m not looking too much at the price, I’m looking at how the network is going, how the hashrate is going and whether people are contributing capital to the network, and that’s at an all-time high. So for me, Bitcoin is at an all-time high today. Hash power, in my opinion, is followed by price, and Bitcoin will also set new ATH levels.”
However, in the short term, the FUD around giants such as Binance, Genesis, Gemini worries investors a lot.
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