We are witnessing another spectacular rise in Bitcoin value which begs the question: Are we at the beginning of a new hyperwave? We probably are. Can it be compared to the one in 2017?

As you could see before if you have followed the explanation, each hyperwave was many times more valuable than the previous one. However, the last hyperwave from 2017 was preceded by the media fuss and fever to which many people succumbed to, when they started buying at the worst time – as the value of Bitcoin was at the historically highest level. Now everything is taking place in the shadow of the hysteria around the coronavirus hoax, and the media hardly mention Bitcoin. What, then, is the cause of such rapid growth? As usual, we can only speculate about the reasons.

The first reason could certainly be coronavirus hoax itself. The intention to overthrow the entire financial structure of the world in this rush is obvious, and those people who have the most fiat currencies know and feel the situation better than anybody. Since physical gold, which is the only alternative, is very difficult to obtain, it is certain that this very group of rich people started buying Bitcoin as a means of security.

The other reason is certainly that Wall Street has entered the game of securing funds with Bitcoin. You have already had the opportunity to listen to testimony of Michael Saylor, Chairman of the Board and CEO of the Analytics and Hedge Fund MicroStrategy, and here you can see the list of well-known Wallstreet companies that have confirmed investing in Bitcoin:

But the most interesting news, which probably had the most impact on the growth of Bitcoin, came from Citibank. In an allegedly ‘leaked’ report, their senior analyst Tom Fitzpatrick estimated that Bitcoin could go up to $318,000 by the end of 2021! Where did it come from? Fitzpatrick even posted a technical analysis of possible Bitcoin price movements on Twitter. Can it be trusted? Not at all.

Keep in mind who you are dealing with. It is one of the largest banks in the World, the third in America. So, you can consider them fraudsters of the highest class. Although I have no doubt that Bitcoin will continue to grow, such a high estimate is much more like the famous scams of John McAfee, who ‘advertised promising cryptocurrencies’ which he bought cheaply over Twitter, and then sold when their price rises. It would not be a surprise if Citibank is doing the same thing at a much higher level now. This opinion is shared by our Max and Stacey from the @keiserreport account:

I do not like to give estimates in situations when the future is so uncertain, but if my assumption is correct, we will have another hyperwave. Personally, I am not worried or interested where its top will be. After the ‘pump & dump’ scheme, the price of Bitcoin will return to the normal level of growth, which primarily depends on the amount of paper that the globalist puppet governments will print at the order of plutocracy. During the coronavirus hoax that amount surpassed everything we have had the opportunity to see in the history of the World so far. If the dollar still exists at the time of the ‘correction’, I would be very pleased if bitcoin range somewhere from $25,000 to $60,000 during 2022. But as usual, I recommend that you forget about the dollar and follow only the ratio of bitcoin and gold: