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Bitcoin Proponents Max Keiser and Samson Mow Discuss Factors Affecting Price Targets


Max Keiser, a vocal advocate for Bitcoin and host of the Orange Pill podcast, has taken to Twitter to name the person he believes is hindering Bitcoin from reaching $50,000.

Keiser points to the CEO of Vanguard Bank as the likely culprit, attributing the delay to the bank’s decision to prohibit customers from buying cryptocurrency and related products, including spot Bitcoin ETFs.

Despite this stance, Vanguard Group, a major holder of MicroStrategy shares, indirectly exposes its customers to Bitcoin.

Meanwhile, another Bitcoin maximalist, Samson Mow, has been tweeting about the potential for Bitcoin to reach $1 million, citing factors like ETF approval and the 2024 halvening.

However, he clarifies that the million-dollar prediction was made for fun, emphasizing the significant changes in the macro environment that make Bitcoin hitting $1 million a “very real possibility.”

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Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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