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Bitcoin to hit $ 28,000, right, then six digits

July 28, 2020

Bitcoin (BTC) will not stop rising until it reaches $ 28,000Max Keizer assumes that the largest cryptocurrency will earn more than 20% in a week.

In one Set of tweets The famous moderator of the Keizer report predicted this on July 27 BTC / USD was in the six-digit range after a correction period of around USD 30,000.

Peter Schiff “throws his brain up”

Keizer made the prediction when Bitcoin exceeded $ 11,200 on a day full of surprises. As Cointelegraph reported The $ 10,000 mark lasted for more than an hour, and data showed that this last five-digit trip in 2020 was more robust than others.

Bitcoin to hit $ 28,000, right, then six digitsBitcoin to hit $ 28,000, right, then six digits

“The $ 28,000 is up for grabs before we see a retreat, and then We will go to the 6 figures“Keizer summarized.

Keizer is known for his optimism and strong preference for BTC over other cryptocurrencies and also met Peter Schiff, the gold optimist. Ship that celebrated this gold has hit record highs against the dollar US, previously ruled out the rise of Bitcoin.

“”To buy Bitcoin or keep your mouth shut, you must now keep $ 10,000“he said during a discussion with Anthony Pompliano, co-founder of Morgan Creek Digital, on his YouTube channel on Sunday.

Keizer had little time for this and other ship argumentsThe Bitcoin skeptic secretly regretted his choice of gold.

“Somewhere @PeterSchiff is throwing his brain up”says the same tweet.

Bitcoin versus gold 3-month chart

Bitcoin chart versus 3-month gold. Source: Skew

The BTC price becomes “very interesting”

As Cointelegraph indicated on Monday Gold is part of a safe haven boom that performs impressively as the dollar weakens.

Another giant stimulus injection by the Federal Reserve that inflates the money supply has been linked to geopolitical tensions and the outbreak of the corona virus ongoing to create discomfort among investors.

At the time of printing BTC / USD circled at $ 10,730 after hitting its local highs of $ 11,380 over night.

For the analyst filbfilb from Cointelegraph Markets Even turning it slightly lower than support would be a turning point for BitcoinHeavy resistance previously marked as $ 10,500.

“The $ 10,500, the level that support is needed … so … then things get really interesting.”he wrote on his telegram trading channel.

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