$220,000 Still in Play for Bitcoin, According to Max Keizer

The leading cryptocurrency, BTC, has experienced multiple increases in value over the past week. The asset, which has increased by 11% in the last week, is traded at $ 34,339 at press time. These increases triggered positive sentiment in the market. Bitcoin maximalist and host of the Orange Pill podcast Max Keizer shared his optimistic vision on social media account X on why he still expects BTC to reach the remarkable $220,000 level.

Keizer remains optimistic about his prediction that Bitcoin will reach $220,000 in the future. He shares various reasons for this in the X articles he publishes each time. This time he was referring to a tweet from financial blog and news aggregator zerohedge. Quoted post For Keizer, the rapid growth of US debt is a sign that the price of BTC will rise radically.

The increase in the mass of money in circulation is believed to be one of the main catalysts of Bitcoin's price increase in the last three years since 2020 when the pandemic hit the world. The governments of some other countries followed suit. Overall, in 2020 alone, the US government printed more than $6 trillion in the form of survival checks and bailouts for banks and businesses, which were injected into the economy.

Ambitious BTC Price Predictions

There have been other names making bold Bitcoin price predictions recently. For example, SkyBridge Capital founder Anthony Scaramucci believes Bitcoin will reach $150,000-200,000 during the next bull run. He also expects Bitcoin to rise to $750,000 by the end of the decade. However, on the other side is Robert Kiyosaki, who expects Bitcoin's next target to be $135,000. The investor and economist, famous for his book "Rich Dad, Poor Dad", set a much larger figure in his previous predictions this year. Kiyosaki predicts a level of $500,000 for BTC by 2025. This is because BRICS state leaders are dependent on the US dollar.It is the intention to create a new gold-backed currency for trade agreements in order to reduce

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