Bitcoin Will Have ‘No Difficulty’ Hitting $10k, With 30,000 New Wallets a Day: Keiser

October 30, 2017 1:53 pm Published by

Bitcoin fans are growing increasingly confident the $10,000 price plateau is well within reach now that the cryptocurrency has broken the $6,000 level, reported Monday.

The report said mixed messages are responsible for Bitcoin’s sudden second surge above the $6,000, quoting Max Keiser saying a combination of factors are liable for the upswing.

Bitcoin continues to defy criticism from major finance figures, including investor Warren Buffett, while JPMorgan CEO Jamie Dimon has toned down his cryptocurrency chiding, the report said.

Keiser meanwhile, remains confident of reaching the $10,000 level per Bitcoin, the report said, and reiterates his long-term target since 2011 being 10 times that –  $100,000.

Anyone who thinks otherwise, he wrote on Twitter Monday, “has not been paying attention,” the report said.

Bitcoin prices reached a new all-time high of $6,300 Sunday before tailing off to hover around $6,132 at around 8 a.m. ET.

The spike brought altcoin markets along with it, with the top 10 seeing 24-hour gains of up to 6.6 percent, the report said.

Bitcoin Cash, too, has achieved multi-week highs with its Sunday trading price of $475 at its highest since mid-September, the report said., Jack Durschlag

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