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"Bitcoin Global Hash War intensifies", says Max Keiser. “And then at some point America will say, ‘We’ve got to enter the 21st century space race of mining Bitcoin,’ and then they’ll try to seek 20% of the hash rate, and then security goes up dramatically, and the price goes to $400,000, $500,000.”
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Max Keiser in a recent interview shared how he believes Bitcoin will achieve a $3,000,000 price per BTC: “So how big is the global market? It’s like $400 trillion, so what if Bitcoin gets 1% of that market? Well then its $1 million, $2 million, $3 million (per coin)"
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Quite a number of crypto analysts and experts are very optimistic about Bitcoin’s (BTC) price tenacity to push through to unprecedented levels in a matter of time. The latest is a $500,000 prediction by a known Bitcoin proponent and market trader PlanB.
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Venture capitalist and billionaire investor, Chamath Palihapitiya has predicted that Bitcoin could witness an unprecedented price increase to $500,000 per BTC. This ambitious forecast hinges on the potential for a bull run following Bitcoin’s fourth halving cycle, which occurred on April 20 2024.
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