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Michael Saylor predicts bitcoin will climb back above $100,000
Original: Strategy's Michael Saylor predicts bitcoin will climb back above $100,000
Michael Saylor, co-founder of bitcoin-heavy software company Strategy (formerly MicroStrategy), says he expects bitcoin to climb back above $100,000. The prediction comes as the cryptocurrency trades well below its recent peaks, and it underscores Saylor's long-standing conviction that institutional and corporate buying will keep pushing bitcoin higher over time.
Why now: Bitcoin has fallen from recent highs, prompting debate over whether it will recover, and Saylor's bullish call fits that ongoing discussion.
Evidence
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