Max Keizer predicts that the impending Bitcoin supply crisis will affect the institutes and cause the price to skyrocket immediately

Wall Street veteran Max Keizer predicts a severe Bitcoin supply crisis on the horizon that will force institutions to buy BTC at significantly higher levels immediately.

In an interview with Take The Orange Pill, the Bitcoin brand stated that BTC may experience wide price gaps as institutional investors scour the markets for the supply of tight assets.

“In the past few years we’ve been moving from fake volume to real volume, and that’s like going through an overhead or volume inventory to do the pricing.

I think the Michael Saylor guy or some company guy or institution is going to come up with the job pretty soon to buy $ 10-20 billion worth of bitcoin and suddenly they’ll be doing it within a few trades discovering that there is no offer at all, and then suddenly the price will be between $ 37,000 and $ 47,000 and $ 52,000. It could happen in ten minutes because the markets lull people into feeling that there is a supply out there.

It is churned up by all the bullshit on offer, and when that is all over the institutions will have a rude awakening for not being able to get coins at any cost until it gets much higher. I think the next break will be a gap. It should suddenly be higher and then it becomes a big story. “

Keizer also sees a future where Bitcoin will be widely used to escape central banks’ questionable monetary policies.

“As central banks continue to erode and the problem continues to worsen, and there are no new solutions or considerations to just do the same, Bitcoin will gallop higher which will not attract more capital and you will just have this forked world economy. We will just have this forked world economy.” There will be a bitcoin economy in a bitcoin world and a bitcoin life and people will lead the bitcoin life and there will be everyone else. “


Don’t Miss A Beat – Subscribe to send crypto email notifications straight to your inbox

Follow us on Twitter, Facebook and Telegram

Surf the Daily Hodl Mix

Check the latest headlines

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making any high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trades are made at your own risk and that any losses incurred are your responsibility. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock / 2020 Photography

Comments are closed.