$BTC
Michael Saylor, founder of MicroStrategy, has predicted that Bitcoin will reach $13 million by 2045. His prediction is based on the scarcity of Bitcoin, as its supply is limited to 21 million coins, making it a powerful hedge against inflation and the devaluation of traditional currencies. Saylor pointed to Bitcoin’s exceptional performance over the past decade, as it has grown at an average annual rate of 60%, making it outperform traditional investments.
Saylor predicts that the world’s estimated $500 trillion in wealth will shift to Bitcoin instead of stocks and real estate. Current technical analysis also indicates significant price resistance at $95,550 and support at $92,150, with neutral momentum according to the Relative Strength Index (RSI).
Warning: Investing in cryptocurrencies carries significant risks, and the article does not constitute investment advice.
