Max Keiser has also hinted at a ‘God Candle’ influencing a $100,000 surge in BTC prices. Keiser suggested that the unfolding of this God Candle scenario will be nothing short of shocking for the global audience. In cryptocurrency, a God Candle typically denotes a candlestick pattern characterized by an unforeseen and substantial price increase, akin to achieving a 100% rise within a short span of a few weeks.
A $100,000 God Candle is in play. A $100,000 uptick in #Bitcoin price.
This will literally shock the world.
And the #Bitcoin Singularity will be upon us. https://t.co/hBqHlibXT3
— Max Keiser (@maxkeiser) December 6, 2023
Max Keiser’s Bitcoin Profits At 20,000,000%
Additionally, Keiser also flexed the massive profits that he’s been witnessing currently on his Bitcoin stash. Keiser emphasized that he has maintained a Bitcoin holding since 2011, recognizing the immense latent potential of BTC to revolutionize the world.
He initiated his Bitcoin purchases three years after the creation of the first BTC block and one year following the public disappearance of Bitcoin’s creator, Satoshi Nakamoto. Keiser tweeted that his Bitcoin holdings have seen a remarkable increase of “20,000,000% since 2011”.
I’m up 20,000,000% since 2011 with my #Bitcoin https://t.co/nfj4AMSgmR
— Max Keiser (@maxkeiser) December 4, 2023
Although he has not officially disclosed the specific amount of BTC he possesses, he adheres to a fundamental security practice in the crypto space by refraining from flaunting holdings on social media. Nevertheless, it is evident that, like many early Bitcoin adopters, Keiser has amassed a significant Bitcoin portfolio and has emerged as an outspoken Bitcoin maximalist over the years.
Bitcoin has experienced a remarkable surge of over 60% since mid-October, fueled by speculation about the Securities and Exchange Commission’s potential approval of ETF applications from major players like BlackRock. As of Wednesday, the token remained relatively stable, trading around $44,000.
In November, the combined trading volume for both spot and derivatives on centralized exchanges witnessed a substantial 40.7% increase, reaching $3.61 trillion. This figure represents the highest total combined volume since March, according to data from researcher CCData.
