He told the show:
“I am officially raising my target for Bitcoin — and I first made this prediction when it was $1, I said this could go to $100,000 — I’m raising my official target for the first time in eight years, I’m raising it to $400,000.”
Keiser was speaking as coronavirus continued to overshadow global markets and Bitcoin traded lower on the day at below $10,000.
Unfazed by short-term volatility, he said the largest cryptocurrency was “equally as attractive” at current levels as it was at the time of his original forecast.
“The good news… is that Bitcoin at $10,000 or $9,300 is equally as attractive as it was when it was $100,” he explained.