The post Will Max Keiser’s ‘Full Speed Ahead’ Lead to $220K? appeared first on Coinpedia Fintech News
In a recent X post, Max Keiser, a well-known Bitcoin advocate and advisor to El Salvador’s president, made a resounding call to the global cryptocurrency community regarding Bitcoin’s recent developments, particularly the approval of the spot ETF. Keiser also shared his insights on the factors influencing Bitcoin’s surge to new highs and subsequent price fluctuations.
Full Speed Ahead
In the lead-up to the approval of the spot Bitcoin ETF by the Securities and Exchange Commission (SEC), Keiser pointed out a crucial event.
According to him, several Wall Street brokers and major banks were limiting their customers from buying spot Bitcoin exchange-traded funds. This move, in his view, played a pivotal role in pushing Bitcoin’s price to new highs. The subsequent SEC approval then pushed the cryptocurrency even higher, just above $49,000.
More than half of Wall Street br
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