Bitcoin

<ul class="news-points"> 
 <li>Bitcoin Maxi Max Keiser predicts Bitcoin will hit $50,000 as GBTC selling pressure slows down.&nbsp;</li> 
 <li>Keiser claims Wall Street players restricted BTC’s move to $50K by blocking ETF purchases.&nbsp;</li> 
 <li>Active Bitcoin wallet addresses crossed the one million mark.</li> 
</ul> 
Renowned Bitcoin maximalist Max Keiser has stoked optimism amongst crypto community members following a prediction that Bitcoin’s price is set to hit $50,000 as market sentiment switches.&nbsp;&nbsp; 
In the <a href="https://twitter.com/maxkeiser/status/1750869252179890644?s=20" target="_blank" rel="noreferrer noopener nofollow">tweet</a> posted on social media platform X (formerly X), Keiser explained that the selling pressure on the Grayscale Bitcoin fund has eased. This sentiment switch follows days of continuous sell-offs as investors exited the fund for cheaper and newly launched <a href="https://coinedition.com/bitcoin-etfs-explained-everything-you-need-to-know/" target="_blank" rel="noreferrer noopener">exchange-traded funds (ETFs)</a>. 
In addition to the GBTC sell-off, Keiser also blamed Wall Street traders for the disappointing <a href="https://coinedition.com/bitcoin-btc-price-prediction/" target="_blank" rel="noreferrer noopener">BTC price</a> performance. As noted in the tweet, Keiser claims some Wall Street players were blocking BTC ETF purchases.&nbsp; 
With the selling pressure and Wall Street block out of the way, Keiser asked the crypto community to turn to the $50K price target. Should Bitcoin pinch th…
The post <a href="https://coinedition.com/bitcoin-maximalist-predicts-bitcoin-to-hit-50000/">Bitcoin Maxi Predicts BTC to Hit $50K as Selling Pressure Eases</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Maxi Predicts BTC to Hit $50K as Selling Pressure Eases

Coin Edition

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