According to the famous TV programmer Max Keizer; Bitcoin’s price correction represents a “short” withdrawal before the cryptocurrency hits new heights.
Max Keiser, founder of Heisenberg Capital, commented on the crypto market, saying Bitcoin price is approaching a price increase of $ 28,000. He suggested that the higher price level of $ 20,000 would not be a point of resistance as the token gains price.
This is synonymous with Keiser’s comment on the bull run where Bitcoin headed at a 6-digit price. In his last tweet, he reaffirmed the crypto currency’s stance that he would see $ 28,000 with a retreat. At the end of last month, he said:
— Max Keiser (@maxkeiser) August 1, 2020
“We’ll see $ 28,000 before we see a retreat, and then we go to the 6-digit numbers.”
About Bitcoin Correction
In the last 24 hours of trading, Bitcoin stepped back with a modest drop in price. According to CoinMarketCap charts, the drop is open from $ 12,034 to $ 11,018.13. The digital asset is currently traded at $ 11,205.