At present, the whole crypto marketing is bleeding red, except for the leading cryptocurrency, Bitcoin. Currently, BTC price is up by 2% trading at $12,966.06 with $230,918,379,468 market cap and $29,346,915,668 24hr- volume.
The Bitcoin Price prediction has become the hottest topic on social media. Most popular faces of Crypto industry are regularly posting their views on the king coin.
One of the well-known crypto enthusiast and Co-founder of Heisenberg Capital, Max Keiser believes Bitcoin will move 25 -30 times faster to the upside than Gold.
on July 9, 2019, Keiser identified the rising global financial crisis with debt piled up to more than 400% of GDP. Previously, in June 2019, the World Bank forecasted global economic growth rate declined to 2.6%. For Keiser, the current economic climate favors increased capital inflow into Bitcoin rather than gold or other haven assets.
Max Keiser is well-known for his bullish, bitcoin price predictions. A few days ago max endorsed John McAfee’s $1 million bitcoin price prediction, and now he is doubling, or rather tripling down on his own $100,000 estimate.
Bitcoin Price Analysis
BTC has surged more than 230%, and once again breaking the $12,000 price mark. BTC/USD has risen from $12,580 to $12,915 in the early hours of Wednesday. With this, we can see together five bullish days in a row. Despite facing a minor crash of $550 on Tuesday, the bulls managed to recover the price really well.
Hourly MACD – The MACD is currently gaining pace in the bullish zone.
Hourly RSI – The RSI for BTC/USD is currently well above the 60 levels, with positive signs.
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