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📅 July 3, 7:00 – July 9,
Big Bull Michael Saylor's Bitcoin Statement: "The Cryptocurrency Winter Will Never Come Again" - Revealed BTC Price Prediction!
MicroStrategy Chairman Michael Saylor stated in an interview with Bloomberg Crypto that the "crypto winter" will not return. Saylor argued that Bitcoin has survived its riskiest periods and is progressing towards 1 million dollars.
Saylor stated the following in an interview with Bloomberg hosts Katie Greifeld and Matt Miller:
"Crypto winter is not coming back. We have moved past this phase. Bitcoin will not go to zero; it is heading to 1 million dollars. We have enough data to prove this."
According to Saylor, support from the US government signals the long-term success of Bitcoin. Highlighting the positive approach of cabinet members, former SEC officials, and CFTC representatives towards digital assets, Saylor stated, "Now banks will also hold Bitcoin."
Saylor also mentioned that the supply of Bitcoin has become limited, stating that only 450 Bitcoins are sold by miners daily, which corresponds to a daily sales volume of about 50 million dollars. According to Saylor, this volume is sufficient for the market to move upwards:
"Companies holding Bitcoin reserves are acquiring the daily natural supply on their own. BlackRock and ETFs are also making purchases. Moreover, even governments are entering this space now."
Saylor stated that when Bitcoin's price reaches 500 thousand or 1 million dollars, perhaps a decline could be discussed; however, at the current price levels, such a scenario is not possible.
For example, it showed Trump Media's $2.5 billion announcement, GameStop's $500 million move, and MicroStrategy's billions of dollars in new fundraising.
*This is not investment advice.
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