Euro Is Going to Zero Against Bitcoin, Predicts Max Keiser
Main Idea
Max Keiser predicts the euro will decline to zero against Bitcoin, citing Bitcoin's strong performance and breaking past key resistance levels against the euro.
Key Points
1. Bitcoin has climbed above €102,800, marking one of its strongest monthly performances against the euro.
2. The BTC/EUR chart shows a breakout beyond the €95,000-€98,000 resistance range, with potential to reach €110,000-€115,000.
3. The weekly structure indicates a steady buildup, with Bitcoin recovering from a Q2 slump and the 50-week moving average turning from resistance to support.
4. The European Central Bank (ECB) has warned about stablecoins disrupting the global financial system, while Bitcoin continues to gain strength.
Description
Max Keiser declares euro dead versus Bitcoin, here's what BTC/EUR chart says about it
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