Michael Saylor, MicroStrategy’s founder and a renowned Bitcoin bull, has set his sights on Bitcoin hitting $100,000 by year-end, rejecting predictions of a drop to $60,000. Here’s a breakdown of his perspective and what analysts are saying:
🔸 Saylor’s Confidence in Bitcoin’s Upward Momentum
“Not going to $60,000 or $30,000”: Saylor firmly believes Bitcoin will continue its upward trend.
BTC is currently trading at $87,790 (CoinMarketCap).
🔸 Trump’s Victory and Bitcoin’s Future
Saylor argues that Donald Trump’s win secures a pro-crypto environment in the U.S.
Predicts more favorable policies and a regulatory framework for digital assets.
🔸 $100K by New Year’s Eve?
Saylor is planning a $100,000 celebration, expecting Bitcoin to reach this milestone by December.
Material Indicators’ Keith Alan predicts Bitcoin could hit $100K by Nov. 28.
🔸 Caution Amid Optimism
CryptoQuant CEO Ki Young Ju warns of a possible year-end dip to $59,000, citing an overheated futures market.
Traders like Ash Crypto emphasize high volatility but maintain confidence in a bullish trend.
🔸 US Strategic Bitcoin Reserve Bill
Saylor calls the proposed bill to accumulate 1M Bitcoin the “greatest deal of the 21st Century.”
Potential benefits to the U.S. include:
$3 trillion if current holdings remain untouched.
$16 trillion if the bill passes as drafted.
$30 trillion under an enhanced version.
🔸 Pro-Bitcoin Policies on the Horizon?
Saylor speculates that a change in SEC leadership under Trump could lead to the end of the crypto crackdown.
Optimistic about a new era for digital assets in the U.S.
🔸 Market Sentiment from Prominent Figures
Rajat Soni: Views every Bitcoin purchase as an appreciating investment.
Mike Novogratz: Skeptical about the U.S. adopting a Bitcoin strategic reserve but acknowledges the market’s potential.
💬 Do you agree with Saylor’s bold prediction, or do you foresee volatility affecting Bitcoin’s trajectory? Let’s discuss!
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