Analyst: Coronavirus will push Bitcoin price to $100,000 in 2020

According to Cointelegraph, Max Keiser, a well-known Bitcoin supporter, made two predictions on March 5: 1. Bitcoin will reach $100,000. 2. Jamie Dimon will beg the Federal Reserve for money to buy Bitcoin.

Keiser said in his latest "Keiser Report" that 2020 is the "second chapter" of the 2008 financial crisis, and the global panic will have a profound impact on the status of Bitcoin.

He told host Stacey Herbert: "Bitcoin will experience the second chapter of the global financial crisis, and the current price is close to $10,000, and it will soar to $100,000 or even higher."

Keiser also mentioned a dream last month by Jamie Dimon, CEO of JPMorgan Chase and a well-known Bitcoin skeptic, in which he allegedly dreamed that the new coronavirus infected attendees of the World Economic Forum in Davos. It seemed that he was happy (or perhaps ironic) that the virus killed the world's most influential financial figures. CNN once quoted him as saying: "The only good news is that it may have killed the elite."

Gold bull Peter Schiff has also been pessimistic about Bitcoin. He tweeted on March 4 that Bitcoin prices only rose 3% this week and investors should sell Bitcoin.

Keiser believes that Peter Schiff and Jamie Dimon’s minds will eventually be occupied by Bitcoin. Soon Jamie will beg the Federal Reserve for money to buy Bitcoin and give Bitcoin the privilege of legal tender.

Image source: Pixabay

Author:May

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