No decline for BTC! THE bitcoin is on the rise. And as always, the fans catastrophic scenario come up with pessimistic forecasts. Indeed, some analysts predict a important fixafter a strong increase initiated by the Trump effect. The movement may be accompanied by a return of BTC to the level 60,000 dollars. No, according to the over-the-top maximalist Michael Saylor. Even more with a very bullish possibility to see the current SEC boss bow out. The “$100,000 Party” will be held until the end of 2024!
- Bitcoin has seen a remarkable rise, prompting mixed reactions between pessimistic forecasts and confirmed optimism.
- Michael Saylor, a staunch supporter of Bitcoin, has reaffirmed his confidence that BTC will reach $100,000 by the end of 2024.
Bitcoin to $100,000 by the end of the year
Founder MicroStrategyMichael Saylor, has already become a legend in his short history bitcoin. And that’s mainly thanks to its treasury strategy of inflated BTC, which happened a model to follow to wake up the zombie society their stupidity in the stock market.
A position that deserves to be guest on the scenes from major US financial news channels. Even more with bitcoin, which starts again in price detection under the sharp gaze of his opponents again.
It is this time at the CNBC microphone that Michael Saylor returned to the current situation of this cryptocurrency, it recently became the 7th largest asset in the world by market capitalization. It’s about reaffirming his trust BTC to $100,000 by the end of the year.
“I don’t think it’s going to go back to $60,000 or even $30,000.” I think it will go up from there. (…) I’m planning a $100,000 party and I think it’ll probably be New Year’s Eve at my house, so I’ll be surprised if we don’t break that level in November or December. »
Michael Saylor
A very bullish exit from Gary Gensler for BTC
A positive vision largely fueled by the victory of Donald Trump and the promise that a pro-crypto government will come to power. Especially if it involves the same time the planned departure of the current head of the SEC. And suffice it to say the recent attack by 18 US states against Gary Gensler it will definitely speed it up.
“I think it’s incredibly bullish for crypto assets, it’s very good for the cryptocurrency industry. We’re going to see a lot more pro-Bitcoin policies, we’re going to see a framework for cryptoassets, we’re going to see an end to the crypto war.”
Michael Saylor
If Michael Saylor is to be believed, it currently is a real bull boulevard opening for Bitcoin for this end of the year. And pessimistic forecasts and others an overheated market issued by the CEO of the company analytics company CryptoQuant it won’t change anything.
At the same time, but during a different conversation, Michael Saylor also returned to the possibility of developing a strategic reserve in bitcoins. A bill recently brought to the fore by a senator Cynthia Lummis. And according to MicroStrategy’s founder, it’s an opportunity you can’t miss at the risk of missing out “and benefit of $16 trillion for the United States over 21 years. Maximalist words…
