Bitcoin Firebrand Max Keizer Says BTC Could Make Massive Moves in 2023 – Here’s Why
Bitcoin (BTC) firebrand Max Keizer says Bitcoin could set off epic rallies even before the halving event scheduled for 2024.
In a new interview with Stansberry Research, the longtime Bitcoin bull says he envisions BTC’s price rising over the next few decades.
“The direction of Bitcoin for 13 years has been up and it will be up for the next 20, 30, 40, 50 years, so that’s number one. It’s fixed, the direction is up.”
While BTC’s price is about 75% down from its all-time high, Keizer points out that the leading blockchain by market cap’s hash rate is at an all-time high, signaling that Bitcoin is healthier than ever.
The hash rate indicates the total computing power being allocated to the Bitcoin network, with a higher hash rate suggesting an increasingly robust network that is more secure against an attacker.
says the Emperor,
“For all those people out there who want to set [in] the research and do the work, they will see that the current price is a really excellent entry point with unconfiscable, uncensorable property that is portable and obviously going to do better than any fiat money out there.
And that is superior gold, in my opinion… I look at the strength of the network, [that is] the number I’m looking at. I don’t look so much at the price, I look at how the network is doing and how the hashrate is doing and [if] people are contributing capital to the network, and it is at an all-time high. So for me Bitcoin is at an all time high today. [Its] price is a lagging indicator.”
Keiser highlights that Bitcoin “absolutely” could make massive moves in 2023, noting that “the price is catching up like it always does.”
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