Michael Saylor believes Bitcoin is about to hit $100,000. He sees this happening because of recent political changes. Saylor thinks the U.S. might adopt Bitcoin as a reserve asset, which could change the game in cyberspace ownership.
As the co-founder of MicroStrategy, Saylor is confident that Bitcoin (BTC/USD) will soon reach that six-figure mark. His prediction follows Donald Trump’s election as president. Saylor believes this could have big implications for the crypto world.
In a recent chat with CNBC, Saylor shared his excitement. He thinks Bitcoin could hit that $100,000 milestone by the end of this year. He even joked, “I’m planning a $100,000 party, probably on New Year’s Eve at my house. I’d be surprised if we don’t cross $100,000 in November or December.”
He also discussed how Trump’s election is a positive sign for the crypto industry. Saylor expects to see more policies that support Bitcoin and an end to the crackdown on cryptocurrencies.
On the idea of the U.S. adopting Bitcoin as a strategic reserve asset, Saylor said, “This is incredibly bullish for digital assets. It’s great for the crypto industry. We’ll see more pro-Bitcoin policies, a digital assets framework, and an end to the war on crypto.”
His outlook shows growing confidence in Bitcoin and the broader crypto market. With Trump known for his pro-business stance, there’s potential for more favorable policies for cryptocurrencies.
If the U.S. does adopt Bitcoin as a reserve asset, it could mark a significant shift in the global financial landscape. This move would further strengthen the role of cryptocurrencies in the economy.