Whereas the crypto market sounds extra bullish after Trump’s victory, there’s a buzz available in the market that Bitcoin may fall beneath $60,000 assist degree within the upcoming months. Nevertheless, MicroStrategy CEO Michael Saylor has a special opinion.
Saylor’s Bitcoin Curiosity
“I don’t assume it will $60,000, it’s not going to $30,000, I believe it will go up from right here,” Saylor said in an interview on Nov 14. As a substitute, he’s planning to throw a ‘$100,000 celebration’ at his home on New 12 months’s Eve if BTC Worth 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 america, 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 available in the market in an interview. For example, “Blackrock has been a really very sturdy 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 complete 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.”
Additionally Learn: Donald Trump Administration to Promote Some Fed Gold to Purchase 1M Bitcoins: Sources
