“Bitcoin goes to the million dollars and the ‘winter’ will not return”: Michael Saylor


  • Saylor acknowledges that there may be price drops, but these would not be too long.

  • “The writing is on the wall: Bitcoin goes up,” says Saylor.

The president of Strategy (previously Microstrategy) Michael Saylor is still optimistic about the price of Bitcoin (BTC), an active that constitutes the main reserve of value in his company.

In a recent television interview, The businessman held certain that “winter will not return, because we already pass that stage”. It is worth clarifying that in the bitcoiner jargon it is told “winter” or “crypto -winter” to the extensive bearish periods for which, in its history, the digital currency has gone through.

Saylor adds: “If Bitcoin will not be worth zero, goes to the million dollars and you already have all the evidence you need to realize that.”

What evidence does Saylor mean? He explains it: «The president of the United States has said that he supports Bitcoin. His cabinet supports him. Scott Pessan supports Bitcoin. Paul Atkins has shown himself as an enthusiastic believer in Bitcoin and digital assets. Ken Taz, in the CFTC, thinks the same. Banks are going to guard Bitcoin ».

For all this is that The Executive maintains a strong bullish conviction. Saylor adds:

«Bitcoin has already exceeded its stage of greatest risk. The accounting issue was corrected. Today there are only 450 bitcoin per day available for sale by natural vendors, which are miners. At these levels, that represents about 50 million dollars per day. If those 50 million are purchased, the price has to go up to find a price -sensitive seller. If you make the accounts, you will see that only the companies that accumulate Bitcoin in their treasury are already buying all that natural offer. Blackrock and the ETFs are buying another part. And now they are also entering state actors ».

Michael Saylor, president of Strategy.

But, Saylor is not naive. He Recognizes that there may be falls, although these would not be extensive bearish periods. For example, during the interview he commented that if Bitcoin reaches 500,000 or 1 million dollars, “maybe we can talk about a drop to $ 200,000 per currency.” That, anyway, would be almost 100% above the current price of Bitcoin that, as can be seen in the cryptootic calculator, is $ 107,000 at the time of this publication.

As a closure, Strategy president repeats, in case it had not become clear, that his perspective for Bitcoin is upward: «A single turn and you already have Trump Media announcing 2.5 billion dollars, Gamestop announcing 500 million dollars, and my company raising thousands and thousands of millions. The writing is on the wall: Bitcoin goes up ».

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