Crypto

Bitcoin Price (BTC) Headed to $13M Says MicroStrategy’s (MSTR) Michael Saylor

Michael Saylor, the CEO of MicroStrategy, appeared unfazed by bitcoin’s recent downtrend, with prices dropping to a seven-month low of below $53,000 last week. Despite this, Saylor reiterated his strong belief in the potential of bitcoin, suggesting that its current share of global capital at 0.1% could eventually rise to 7%.

Saylor predicted that if bitcoin were to reach 7% of global capital, its price could surge to $13 million over the next two decades. This bullish outlook reflects Saylor’s long-term confidence in the value and growth potential of the leading cryptocurrency.

While market volatility may shake some investors, Saylor’s unwavering optimism serves as a reminder of the enduring appeal and resilience of bitcoin in the ever-evolving financial landscape.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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