Odaily Planet Daily News MicroStrategy founder Michael Saylor has ruled out the possibility of Bitcoin's pullback to $60,000 - a price that is critical for most of 2024. "I don't think it will fall to $60,000, nor to $30,000, and I think it will continue to rise from its current price," he said in an interview with CNBC on November 14. He said that Trump's victory "very clearly" determines the future of cryptocurrencies and Bitcoin in the United States, adding: "I really don't see any threats in the short term." Saylor said: "I'm planning a celebration party for Bitcoin to reach the $100,000 target. I think it might be a New Year's Eve party at my house, so I would be surprised if Bitcoin doesn't break $100,000 in November or December." Saylor also commented on speculation that Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), may resign after Trump takes office next year, saying that whoever takes over the position will play the "most critical role" in the cryptocurrency industry. (Cointelegraph)

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