Cryptokoin.com - Bitcoin has been trading in a narrow range for nearly two months against its fragile global economic backdrop. Despite the monotony in the crypto markets in recent months, a master Bitcoin analyst has suggested that the leading cryptocurrency is the catalyst ready for the next bull market. Famous analyst Max Keiser argued that the United States would launch a major hash rate war against Iran and Venezuela that would send BTC to $ 400,000.
Max Keizer: Bitcoin could hit $ 400,000 with the hash rate war between the U.S. and Iran!
The United States is the only major nation to adapt very slowly to the cryptocurrency and Blockchain revolution. While countries such as China, Japan, Iran, and Venezuela are already developing their local digital currencies, the US has been very quiet about any sound plan. Due to economic instability, Iran and Venezuela have gone one step further by strategically exploring Bitcoin mining.
Max Keiser, who is known for his interest in cryptocurrencies and is known for his point shot Litecoin and Bitcoin estimates, suggests that Iran is currently controlling 3% of its global Bitcoin hash rate, while progressing towards achieving 3-5% control. progress. Max Keizer states that it is only a matter of time before the United States understands that it is slow for the Bitcoin game and that it must eventually join the BTC mining area. After that, according to the analyst, a hash rate war will come, which will increase the security of the cryptocurrency and raise the price to the $ 400,000-500,000 range. Max Keizer adds:
I THINK IRAN ALREADY HAVE 3% OF THE GLOBAL HASH RATE, THEN THIS HOW IT WILL GET VENEZUELA'S 3-5% RATE NOW. AND THEN A POINT OF AMERICA WILL TELL 'WE HAVE TO GO TO THE 21st CENTURY SPACE RACE OF BITCOIN MINING' AND THEN THE SAFETY WILL INCREASE IMPORTANTLY AND THE PRICE WILL INCREASE 400,000, AND THE PRICE WILL INCREASE 400,000.
Master analyst: Bitcoin Mona Lisa of the 21st century!
Max Keizer also spoke about how important Bitcoin is as a tool for people's freedom worldwide. With the COVID-19 crisis, governments are printing trillions of dollars in the air to prevent deeper economic collapses. This only helped large companies because citizens are trying to cope with inflation. According to Max Keiser, Bitcoin is the only reasonable way to achieve individual sovereignty. According to the famous analyst, Bitcoin is the Mona Lisa of the 21st century.