Will $100,000 Bitcoin Price Kill Every Other Crypto by 2021? ₿🔖📈🚀
One of crypto’s biggest venture capital firms is going all in on bitcoin. Heisenberg Capital says it is “doubling down on Bitcoin Maximalism with new capital,” while sounding the death knell for altcoins.
We see the market rejecting everything, except BTC.
This has been our dominant investing thesis since 2011.
We’re doubling down on Bitcoin Maximalism with new capital.
As BTC climbs toward our 2011 target of $100,000, we believe everything except BTC will die-off.
— Heisenberg Capital (@HeisenbergCap) May 5, 2019
In the same tweet, Heisenberg Capital reaffirmed its $100,000 price target on bitcoin, a 1,664 percent premium on today’s bitcoin price.
“Everything except BTC Will Die off”
The fund, which has financed some of the biggest crypto startups included Kraken, Bitfinex, and ShapeShift, predicts there’s no future altcoins. Ethereum, XRP, and this year’s best-performing alt-coin BNB, it says, will be rejected by the market.
Heisenberg founders Max Keiser and Stacey Herbert claim their bitcoin maximalism is a long-held philosophy. Now, that concept will be the sole driving force behind their investment decisions.
#Decoupling #Bitcoin is breaking away from the pack. pic.twitter.com/2iuWA2lVjS
— Max Keiser, tweet poet. (@maxkeiser) May 4, 2019
Per Keiser’s tweet above, he believes bitcoin will decouple from alt coins and increase its dominance.
Bitcoin Price Will Rage to $100,000
Heisenberg also took the opportunity to double down on its optimistic bitcoin price target of $100,00.
Keiser says the bullish surge to $100k will be driven by a supply shock. Bitcoin’s capped supply of 21 million will inevitably trigger a gold rush as supply diminishes.
Max Keiser: $28,000 for BTC and then a supply shock as price gaps to $100,000 | Bitcoin Price Predictions: From Zero to a Million – What do the Experts Think? https://t.co/ApAgPiNFAo
— Max Keiser, tweet po..
