Whereas the crypto market sounds extra bullish after Trump’s victory, there’s a buzz out there that Bitcoin would possibly fall under $60,000 assist degree within the upcoming months. Nonetheless, MicroStrategy CEO Michael Saylor has a distinct opinion.
Saylor’s Bitcoin Curiosity
“I don’t assume it’s going to $60,000, it isn’t going to $30,000, I believe it’s going to go up from right here,” Saylor mentioned in an interview on Nov 14. As an alternative, he’s planning to throw a ‘$100,000 celebration’ at his home on New 12 months’s Eve if BTC Value breaks the $100K barrier.
In response to Saylor, Trump’s victory within the presidential election has “very decidedly” settled the way forward for crypto and BTC in the USA, including, “I don’t actually see any threats on the near-term horizon.”
Michael Saylor mentioned there are such a lot of bullish issues happening out there in an interview. For example, “Blackrock has been a really very robust voice, articulating the Bitcoin worth proposition.”
He additionally highlighted the earlier month’s announcement, the place MicroStrategy vowed to lift $42 billion to purchase Bitcoin.
Whereas replying to a query on the SEC’s new chairman within the upcoming time, Michael says whoever chairs the SEC goes to play a pivotal function in your entire digital asset trade.
“We’re going to see much more pro-Bitcoin insurance policies,” he says, because the upcoming time period of Trump’s administration is “very pro-crypto.”
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