Market Expert Says Bitcoin Will Hit $2.2 Million: This Token Will Benefit Hugely From The Rise
Following Bitcoin’s breakout above $100,000, market observers are now targeting higher prices for the pioneering cryptocurrency. In particular, analysts have shared their expectations for Bitcoin in this bull cycle, with bold calls for $150,000, $200,000, and even six-figures.
Meanwhile, staunch Bitcoin maximalist Max Keiser has raised his Bitcoin target from $220,000 to $2.2 million per coin. In a recent tweet, the advisor to El Salvador’s president Nayib Bukele cited a potential gold rug pull as a factor for the price call.
It is worth noting that Keiser’s speculation came after Michael Saylor called on the United States to buy 20-25% of the circulating supply of Bitcoin. The MicroStrategy president argued that such a purchase would trigger a wave of Bitcoin buying, substantially boosting the asset’s price and, consequently, the US economy.
It is worth mentioning that Bitcoin’s rise to $2.2 million would drastically benefit altcoins. In particular, assets such as Ethereum, Solana, XRP, and Minotaurus would see explosive price movements if Bitcoin appreciates to Keiser’s target of $2.2 million.