Max Kaiser: Bitcoin will hit $ 28,000, expect to hit 6 numbers

A Wall Street veteran estimates that the current value of Bitcoin has reached $ 11,380 and will continue to be high.

Max Kaiser believes Bitcoin (BTC) won't give up until it hits $ 28,000. This is because the biggest cryptocurrencies have gone up over 20% in a single week.

In a series of tweets on July 27, famous host of the Kaiser Report predicted that BTC would rise in the index after a repair period of nearly $ 30,000.

Peter Schiff yog "Tucao".

When Bitcoin hit around $ 11,200 in a single day, Kaiser made the prediction. The $ 10,000 value has been held for over an hour, according to the Cointelegraph, and data shows that latest five-figure trip will be stronger than any other time in 2020.

“The $ 28,000 is still good before we see the withdrawal,” Keizer concluded, “and it will go from number to number.”

Known for his optimism and penchant for bitcoin, Kaiser added Peter Schiff, an anti-gold mining fan. Schiff celebrated the gold-dollar exchange rate all the time and previously denied Bitcoin's gains.

Last Sunday, he said in an interview with Anthony Pompliano, founder of Morgan Creek Digital, on his YouTube channel:"Bitcoin will rise or fall. It should now stabilize at $ 10,000."

Comparison of Bitcoin and gold over 3 months. Source: bias

Analyst: “Very Popular” BTC Price

As Cointelegraph pointed out on Monday, gold is part of a safe haven boom, and gold's performance on a range of commodities has been encouraging, including weak silver.

Another major stimulus package from the Fed, combined with geopolitical tensions and coronavirus outbreaks, is raising concerns.

According to the press release, BTC hovered at $ 10,730 after hitting an overnight high of $ 11,380.

However, for analyst Philbu, even a slight drop in support for Bitcoin could be a good deal.

He wrote on the Telegram trading channel:" Pause ! $ 10,500 will support ... and ... and then it all got bigger. "