Categories: News

Price Bitcoin for End of the Week by $ 15,000 Rate

Max Keizer has been in bitcoin for a long time, and he can rightly be called an influencer. He tweeted something remarkable at the start of last weekend, namely that bitcoin is going through the $ 15,000 (13,400 euros) this week. He thinks the price is driven up by a lack of confidence in the government, central banks and fiat money.

The moment he shared this, a $ 15,000 value seemed unachievable this week. But now? Now the bitcoin course seems to be on the right track.

I’m sensing #Bitcoin will cross $ 15,000 this week. Confidence in central governments, central banks, and centralized, fiat money is at a multi-decade low.

– Max Keiser, tweet poet. (@maxkeiser) August 3, 2019

Growth despite month of rest

Later in the day we publish a more extensive price analysis, but even without that analysis we can conclude that the bitcoin price is going well. According to this bitcoin price page the value at the beginning of January was still 3,700 dollars. On July 10, the rate was already above $ 13,000 and from that moment the market seemed to have cooled. The course moved mainly sideways. Since this weekend, the rate has been rising again, at the time of writing, the value is $ 12,130.

In addition to this bullish trend, bitcoin dominance on the cryptomarket is also rising. Currently, the total value of bitcoin covers more than 67 percent of the entire cryptomarket.

Max Keizer, founder of Heisenberg Capital, has been buying bitcoin since bitcoin was worth 1 dollar. Over the years, he has always expressed his support for cryptocurrency, he encourages people and companies who want to help develop crypto. He is also known as a bitcoin maximalist. Last Saturday he came up with a surprising and daring statement. And now? Now it seems only a matter of time before bitcoin is worth $ 15,000.

Separation of money and state

The world economy currently resembles a major source of concern. You can tell that from the market sentiment: the prices of almost all trade fairs are falling. This has various causes, namely the escalating trade war between the US and China, the threat of a no-deal Brexit and interest rate cuts in the US and Europe. You gradually notice that investors are choosing to save their value in a sovereign currency, namely bitcoin. That is of course an assumption, but Max Keiser seems to have faith in it anyway:

I’m confident. So I just burned in another $ 10,000 $ USD shitcoin. Correlation does not equal causation, but whenever I burn a few thousand $ USD, BTC price goes up significantly.

– Max Keiser, tweet poet. (@maxkeiser) August 3, 2019

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