Michael Saylor, CEO of MicroStrategy 🧑💼💼, has predicted that Bitcoin 💎 could hit $100,000 before the end of the year 📈🔥. Saylor explained in an interview with CNBC 📺 that the 2024 US elections 🇺🇸 have provided an unprecedented boost to the digital currency 💻💸, noting that he is already preparing to celebrate this occasion as the New Year approaches 🎉🎆.
When talking about the possibility of Bitcoin dropping to $30,000 📉💔, Saylor categorically denied it 🚫💬, confirming that the price will not fall below $60,000 💵💪. It is worth noting that Bitcoin made a historic jump 🚀💥, reaching $93,400 💸 after the release of the US Consumer Price Index data 🏛️ on November 13. However, it later fell to $89,083 📉, down 1.7% in the past 24 hours ⏰.
Saylor attributed the rise in Bitcoin's value to the influence of what he described as the "red wave" 🌊🔴, noting that the victory of former President Donald Trump 🦅 and the Republicans 🏛️ contributed greatly to the boost of the digital currency 📈💹. He explained that Bitcoin reached its previous high of $ 75,000 💰 after Trump's victory 🎯, which also led to the rise of other digital currencies such as Ethereum 💡 and Solana 🌐, and even some meme coins such as MEW and PNUT 🐶💥.
Saylor expressed his optimism about the future of cryptocurrencies 🌟🔮, expecting greater government support 🏛️💡 and clear regulatory laws 📜, which may put an end to what he called the "war on cryptocurrencies" ⚔️💻.
In a related context, MicroStrategy 💼 announced on November 11 that it had invested an additional $2.03 billion 💰 in Bitcoin 🪙, bringing the company's total holdings of the digital currency to 279,420 units 💎.
