Michael Saylor Predicts Bitcoin to Hit $100,000: Crypto Market Potential Remains Huge

Michael Saylor, founder of #microstrategy , asserted that Bitcoin could hit $100,000 before the end of the year, fueled by the pro-crypto policies of the Trump administration. He stressed that the reduction of regulations from the SEC and the positive attitude of large investors are facilitating the strong growth of Bitcoin.

MicroStrategy, with the world's largest holdings of $BTC (279,420 BTC, worth about $25 billion), has been using a long-term investment strategy to solidify Bitcoin's position as a "store of value." With plans to raise another $42 billion to buy Bitcoin, the company continues to affirm the long-term potential of the cryptocurrency market.

Conclusion: Bitcoin and cryptocurrencies in general are still a promising investment field. With support from policies, large organizations and confidence from investors, this market is facing the opportunity for outstanding development in the coming time.