Bitcoin (CRYPTO: BTC) maximalist Max Keiser advised his followers on Monday to overlook the leading cryptocurrency’s volatile dips and concentrate on its long-term upward trajectory.
Focus On Upward Trajectory
In an X post, Keirser drew an analogy between Bitcoin and an eel, a snake-like fish, stating that an eel’s head remains steady, while its tail oscillates
“With Bitcoin, ignore the volatility tail and focus on the direction the head is going: Up,” the senior Bitcoin adviser to El Salvador President Nayib Bukele said.
See Also: Bitcoin (BTC) Price Predictions: 2025, 2026, 2030
When Will The Bull Run Restart?
Keiser, known for his early advocacy and unwavering enthusiasm regarding Bitcoin, predicted back in 2011, when Bitcoin was priced around $1, that it would eventually reach $100,000.
Keiser’s perspective aligns with that of Fundstrat co-founder and Head of Research, Tom Lee. Lee recently asserted that Bitcoin is far from finished, predicting a rebound that could see the cryptocurrency reach new all-time highs by January 2026.
Bitcoin is in the middle of a severe correction that has dragged it to levels not seen in nearly seven months. The leading cryptocurrency has retreated more than 31% from its all-time highs set in October.
Over the past two years, however, Bitcoin has surged by 112%, and over five years, it has increased by 350%.
Meanwhile, investor and media personality Kevin O’Leary stated that investors are focusing more on Bitcoin and Ethereum (CRYPTO: ETH) in the current market, with altcoins no longer bouncing back after corrections.
Price Action: At the time of writing, BTC was exchanging hands at $87,019.83, up 0.55% in the last 24 hours, according to data from Benzinga Pro.
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
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$BTCBitcoin – United States dollar$86553.000.29%Overview$ETHEthereum – United States dollar$2791.31-0.45%Market News and Data brought to you by Benzinga APIs
