Michael Saylor Predicts $150K Bitcoin by Year-End, Sees Long-Term Surge to $20 Million
Michael Saylor Predicts $150K Bitcoin by Year-End, Sees Long-Term Surge to $20 Million
Bitcoins recent decline from its October peak above $126,000 hasnt shaken the confidence of Strategy Executive Chairman and co-founder Michael Saylor. Speaking with CNBC at the Money 20/20 fintech conference in Las Vegas, the long-time Bitcoin advocate reiterated his bullish stance, forecasting the leading cryptocurrency will reach $150,000 by the end of 2025.
Article Summary
**Michael Saylor Maintains Bullish Bitcoin Outlook Despite Market Volatility, Targets $150K by 2025** MicroStrategy Executive Chairman Michael Saylor remains unwavering in his cryptocurrency predictions, forecasting Bitcoin will surge to $150,000 by year-end 2025 and potentially reach $20 million long-term. Despite Bitcoin's recent pullback from October's peak above $126,000, the prominent blockchain advocate expressed confidence in the digital asset's trajectory during CNBC's Money 20/20 fintech conference in Las Vegas. Saylor's bold price predictions underscore growing institutional adoption and Bitcoin's emerging role as digital gold in the cryptocurrency market. His bullish stance comes as investors navigate volatile market conditions and regulatory uncertainties affecting the broader crypto ecosystem. The MicroStrategy co-founder's long-term vision positions Bitcoin as a transformative store of value, potentially disrupting traditional financial systems. These ambitious targets highlight the ongoing debate between crypto bulls and bears regarding Bitcoin's future performance. As institutional investors increasingly embrace cryptocurrency portfolios, Saylor's predictions may influence market sentiment and drive further adoption of blockchain technologies across the decentralized finance (DeFi) landscape.
