The signing of documents for the U.S. Strategic Bitcoin Reserve caused a sell-off in the cryptocurrency market, with Bitcoin briefly losing 4.9% in value. This reaction goes against the expectations of the crypto community, but it shows that the market rule of "buy the rumor, sell the news" is still prevalent. Traders took profits and left others wondering what will happen next. The first crypto roundtable at the White House adds to the uncertainty, as it could be a space for manipulation and high-stakes positioning. Max Keiser, a prominent Bitcoin advocate, predicts that Bitcoin will reach $100,000 in the next few hours and $120,000 this month, despite Bitcoin's current price being 13.37% below the six-figure mark. This optimism is not uncommon in the crypto market, but the market itself will ultimately decide the outcome. Keiser's long-term Bitcoin vision is even higher at $220,000.
Content Editor ( u.today )
- 2025-03-07
Bitcoin to $120,000? Max Keiser Drops Epic New Price Prediction
