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$100,000 Bitcoin Incoming, According to MicroStrategy Co-Founder Michael Saylor – Here’s His Timeline

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Credit : dailyhodl.com

The chief chairman and co-founder of enterprise software program firm MicroStrategy, Michael Saylor, believes that Bitcoin (BTC) just isn’t completed rising but.

In a brand new CNBC interview, Saylor say Bitcoin is heading for a six-figure worth within the coming days and weeks.

“I do not assume it may $60,000, it is not going to go to $30,000. I believe it may go up from right here. I am planning a $100,000 celebration and I believe it’s going to most likely be New Yr’s Eve at my home. So I’d be stunned if we do not get to $100,000 in November or December.”

Bitcoin is buying and selling at $91,273 on the time of writing.

In accordance with the co-founder of Bitcoin’s largest company holder, the election of Donald Trump because the forty seventh US president shall be optimistic for the crypto trade.

“I believe that is extremely bullish for digital property. It is superb for the crypto trade, we will see much more pro-Bitcoin insurance policies. We are going to see a framework for digital property, we’ll see an finish to the warfare on crypto. We will see a variety of pro-business insurance policies.”

On the opportunity of the US adopting Bitcoin as a strategic reserve asset, Saylor says:

“The subsequent nice frontier is our on-line world and the apparent factor to do is to personal our on-line world and purchase the longer term. And so I believe it is an amazing thought, I believe it’s going to occur. And I believe it is necessary for the US as a result of it strengthens the US’ management over the longer term world reserve capital community. I believe it makes financial sense, and it makes technical sense. And as soon as once more Bitcoin is a transparent vacation spot for the US.”

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