Bitcoin News Alerts | Daily BTC News 1970: Billionaire Max Keiser Explains Why Bitcoin Will Hit $850K THIS Cycle
Apr 23, 2025
Max Keiser makes a jaw-dropping prediction that Bitcoin could surge to $850,000, arguing it should match gold's market cap. The conversation dives into Bitcoin's bullish momentum, contrasting it with gold and its recent decoupling from traditional markets. Innovative ideas, like the U.S. government using tariff revenues to buy Bitcoin, spark debate amid economic uncertainties. Analysts explore ETF inflows and underline Bitcoin's advantages as a superior store of value, with bullish forecasts suggesting a transformative future for cryptocurrency.
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Bitcoin Technical Momentum
- Bitcoin price shows strong bullish momentum with repeated green candles and resistance breaks.
- Technical patterns like cup and handle target $124,000 price discovery soon.
Bitcoin Decouples From Stocks
- Bitcoin is decoupling from stock markets, behaving more like gold as a safe haven.
- Its maturity as a global asset grows amid economic uncertainties and trade wars.
Tariff Revenue To Fund Bitcoin Buy
- The U.S. may use tariff revenue creatively to buy Bitcoin without taxpayer costs.
- Budget-neutral government Bitcoin purchases underpin the Strategic Bitcoin Reserve.