Michael Saylor, CEO of MicroStrategy, predicts that the price of Bitcoin (#Bitcoin) will reach 150,000 US dollars by the end of the year. This statement came during his participation in the Money 20/20 conference in Las Vegas, specifically in an interview with CNBC.
Long-term forecasts:
In 4 to 8 years: It is expected that the price of Bitcoin will touch the 1 million dollar mark.
In the very long term: he believes the price could reach $20 million.
(Note from the original post writer: "I would prefer to remain silent and refrain from commenting on these crazy predictions.")
🔑 Expected Rise Motivations (Why $150,000?)
Saylor attributes this significant rise to two main factors:
Widespread Institutional Adoption: he believes that major banks like JPMorgan, Wells Fargo, and Citigroup will enter the Bitcoin market more deeply, and will offer it to a broader customer base. He estimates that this institutional expansion alone will amplify the market size by ten times.
The Need for Artificial Intelligence (AI): he emphasizes that the increasing use of AI agents within financial institutions requires much greater speed and efficiency in transactions than what traditional banking systems provide, pushing them towards adopting Blockchain technology.
Saylor's Perspective on the Functions of Digital Currencies:
Bitcoin: is turning into the main Store of Value.
Stablecoins: are becoming the primary Medium of Exchange.
🏛️ Impact of American Politics and Regulation
Saylor believes the past 12 months have been the best period for the field due to positive regulatory government changes, most notably:
Establishing a Strategic Reserve for Bitcoin.
Issuing legislation specific to stablecoins.
Appointing pro-crypto figures in regulatory bodies.
🤝 Vision Alignment with the Market
Saylor's vision is not limited to himself; it aligns with the predictions of other prominent analysts like Matt Hougan, who also expects the market to witness a new All-Time High before the end of 2025.$
