Summary: Widely known personality in crypto space, Michael Saylor says Bitcoin will hit $100,000 by the end of the year as he believes this run is fueled by President-elect Trump’s pro-crypto rules and the dominant presence of Republican in Congress. Saylor himself has a company which holds a massive number of BTC, to be exact the number is 279,420 and it attributes Bitcoin’s current rally to a great political shift for digital assets.
$100,000 Bitcoin by New Year’s Eve
Michael Saylor is very confident that BTC will hit $100,000 before the end of this year and he very happily says he’ll also organize a celebratory party at his home for this incident. He also strongly disagreed with people who still believe BTC will dip below $60k after this drastic surge by stating that BTC is still on a solid upward trajectory as it hit $93,400 following the U.S.CPI report.
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Political Tailwinds for Crypto
Michael Saylor give complete credit of this insane BTC surge to President-elect Donald Trump and Republican-led Congress. He even goes so far and calls this the “biggest thing for Bitcoin” in years. He doesn’t stay put on present but also predicts a wave of pro-crypto policies and frameworks that will strengthen the digital asset industry.
MicroStrategy Double Down
MicroStrategy with a strong base and strategy for future increased its BTC holdings to 279,420 tokens, investing an absurd additional amount of $2.03 billion. Saylor still remains positive about the bullish momentum of Bitcoin, majorly speaking about its leadership in the ongoing crypto market, which has contributed so much to the lifting of altcoins like Ethereum, Solana and meme coins.
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