Michael Saylor, the executive chairman of MicroStrategy, has shared his optimistic perspective on the future of Bitcoin. According to Saylor, the Bitcoin bull market could continue into 2024, driven by several key factors:
1. **Approval of Bitcoin Spot ETFs**: Saylor believes that the approval of Bitcoin Spot ETFs could be one of the most significant developments on Wall Street in the last 30 years. This would facilitate investment in Bitcoin for retail and institutional investors.
2. **Bitcoin Halving**: The next Bitcoin halving, scheduled for April 2024, will reduce the supply of new Bitcoins, which could increase its scarcity and value.
3. **Greater adoption and regulatory clarity**: Saylor mentions that increasing demand, political support, and regulatory clarity are strengthening Bitcoin's position as a global asset and store of value.
Saylor also highlights that the combination of these factors could trigger a significant increase in demand for Bitcoin, contributing to a sustained bull market in 2024.
If you want more details about his opinions, you can watch the full interview on [Bloomberg](https://www.bloomberg.com/news/videos/2023-12-19/bitcoin-will-go-on-bull-run-in-2024-saylor-says-video).
Would you like to delve deeper into any of these points or learn more about Michael Saylor's investment strategy?