I regularly watch The Keiser Report - you can watch it on Russia Today or YouTube - to get the kind of financial news and interviews you don't get on mainstream news shows.
Keiser has been a Bitcoin advocate since about 2013, way before most financial people were doing anything but dissing cryptocurrencies.
On Sunday, Roy Sebag, co-founder of Bitgold (now GoldMoney) sent out this tweet, which Keiser responded to:
While some are now predicting that Bitcoin will hit $3,000 (again) before there's a major retracement, Keiser's very bullish on Bitcoin rising to $5,000.
He's suggested at the beginning of June that Bitcoin's cycle of price rise, price drop, price rise to a higher level will continue and we'll see prices reach $100,000 or more.
Wishful thinking?
Bitcoin has been tickling the $3,000 mark, not quite reaching it yesterday before it dropped 15% in value. It's regained about half that loss so far.
So what's your take? Do you think Bitcoin is headed to $5,000 and beyond this year or are we likely to see another major drop in value (as in 2014) and a long wait before the next bull market kicks off?