Michael Saylor Says the Bitcoin Bottom Is in and $100K Is Coming Back
Strategy’s Michael Saylor told Bloomberg that bitcoin is at “the beginning of a bull market,” placing the bottom just under $60,000 and predicting a return above $100,000. Saylor Calls the Bottom Saylor made the call during an interview with Bloomberg Television yesterday, adding: We hit the bottom around slightly below $60,000. [Bitcoin] will march forward […]
Michael Saylor said in a Bloomberg Television interview that bitcoin has bottomed just below $60,000 and is at the beginning of a new bull market, predicting a return above $100,000. The call comes from the executive chairman of Strategy, the largest corporate bitcoin holder, giving his view added weight with crypto investors. Traders may treat the remarks as a sentiment catalyst, though they are an opinion rather than a change in fundamentals.
