PRICE ALERT: Why Bitcoin could hit $15,000 this week

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BTC Price
Max Keiser on RT Television (Pic: YouTube).

Max Keiser started buying Bitcoin when the cryptocurrency was trading at just one dollar, so when he makes predictions, people listen.

The Heisenberg Capital Founder and host of RT Television’s ‘Keiser Report’ believes there could be a huge week ahead for Bitcoin, one that could see the BTC price increase by around 50%.

Keiser divulged his thoughts about the week ahead in a tweet to his 225,000 Twitter followers this morning.

I’m sensing #Bitcoin will cross $15,000 this week,” he wrote. 

“Confidence in central governments, central banks, and centralized, fiat money is at a multi-decade low.”

It is a rare bullish short-term BTC price prediction from the Bitcoin millionaire, who for years has been vocal about his long-term BTC price target of US$100,000.

Just weeks ago he reinforced that prediction, saying US$100,000 Bitcoin is “no sweat”.

After falling to around US$9,300 last Monday, Bitcoin has rallied higher over the past week and is currently trading around US$10,700 (6pm AEST).