Bitcoin ($BTC )advocate Max Keiser has made a bold prediction, asserting that Bitcoin could reach $2.2 million per coin. He bases this forecast on what he describes as an impending collapse of the U.S. economy, likening it to a Ponzi scheme, and the intensifying competition among institutional investors.
Keiser points to the rivalry between Jack Mallers' 21 Capital and Michael Saylor's Strategy (formerly MicroStrategy) as a catalyst for a potential Bitcoin supply squeeze. He suggests that the aggressive accumulation of Bitcoin by these institutions could drive prices to unprecedented levels.
Additionally, Keiser warns of a looming "BondPocalypse," a term he uses to describe a potential crisis in the global bond market. He believes that such a scenario would further erode confidence in traditional financial systems, positioning Bitcoin as a safe haven asset.
As of now, Bitcoin is trading at approximately $105,888.
