Max Keiser Predicts Bitcoin To The Moon Price, Here's Why!

JAKARTA Max Keiser, an American announcer known as a Bitcoin supporter, has made exciting predictions regarding the future of crypto assets. According to him, the two main factors will push the price of Bitcoin (BTC) to US$220,000 (equivalent to Rp3.3 billion).

Keiser estimates that the value of the US dollar (USD) will experience further fall. The higher inflation and inconsistent monetary policy will weigh this fiat currency. Meanwhile, Bitcoin will be an increasingly attractive alternative to investors.

Stablecoin Tether (USDT) and the country of El Salvador play an important role in this scenario. When users exchange their fiat for Tether, the company uses the interest it gets to buy more BTC. With the increase in interest rates in the US, Tether's profits are also increasing.

In addition, El Salvador, the first country to officially adopt Bitcoin as a legal tender, has shown a strong commitment to crypto. El Salvador's president, who has met Max Keiser several times, continues to seek ways to strengthen his country's position in the Bitcoin ecosystem.

Reported by CryptoPotato, Keiser believes that the future of Bitcoin is very bright. Purchases of BTC by entities such as Tether, business intelligence firm MicroStrategy, and El Salvador will continue to increase. Meanwhile, the value of the US dollar will continue to decline. Keiser described this situation as an "USD vicious circle" that cannot be stopped.

In the coming months, the US plans to launch its central bank digital currency. However, the BRICS currency (Brazil, Russia, India, China, and South Africa) will be a more attractive alternative. Bitcoin will become a world reserve asset, and Tether will replace the global payment network SWIFT.