$750,000: Renowned Analyst Raises Forecast ↑

The recent impressive upward movement of Bitcoin has prompted a renowned analyst to update his forecast, seeing the number one cryptocurrency on course towards three-quarters of a million. With a potential value of $750,000 per Bitcoin, the question arises: Should one invest in crypto now?

Bitcoin has been moving from one all-time high to another, demonstrating remarkable strength in the current bull market. Analysts like Max Keiser, a well-known Bitcoin expert and close associate of El Salvador's "Bitcoin President" Nayib Bukele, have adjusted their price forecasts in light of this bullish price action. Keiser's updated forecast suggests short-term movements up to $220,000, followed by a possible rise to as much as $750,000.

Monday works. 😎👍

$220,000 in play.

My upper target for this cycle raised to $750,000

“#BTC has no top because fiat money has no bottom” - Max Keiser https://t.co/goTZ1qTvXY

— Max Keiser (@maxkeiser) March 11, 2024

In his statements, Keiser emphasizes that Bitcoin has no upper limit, as fiat currencies like the Euro and the Dollar "have no floor." This news could be of interest to investors considering investing in cryptocurrencies as it sheds light on the potential profitability and future prospects of Bitcoin.