Michael Saylor has doubled down connected his Bitcoin terms prediction, citing monolithic geopolitical and regulatory changes.
Bitcoin bull and Strategy laminitis Michael Saylor has doubled down connected the semipermanent worth of BTC amid fast-changing geopolitical and cryptocurrency adoption trends.
Saylor took the signifier with a keynote code astatine the BTC Prague 2025 lawsuit connected Saturday, predicting that the terms of Bitcoin (BTC) would deed $21 cardinal successful 21 years.
“I deliberation we’re going to beryllium $21 cardinal successful 21 years. It's a precise peculiar clip successful the network. Maybe the 1 clip successful the past of the web wherever you look retired 21 years and you spot $21 million,” Saylor stated.
Saylor’s latest bullish Bitcoin prediction is simply a monolithic summation from his erstwhile forecast made astatine the Bitcoin 2024 league successful Nashville past year, erstwhile helium predicted that Bitcoin would deed $13 cardinal by 2045.
Massive adoption that “nobody guessed”
In the keynote, Saylor reasoned his increasing bullishness connected the Bitcoin marketplace with galore geopolitical, regulatory and adoption developments, which helium said cipher conceived past year.
“Stuff that’s happened successful the past 11 months has been extraordinary. The White House has embraced Bitcoin. This is an bonzer development. We didn’t expect this,” Saylor said.
Saylor emphasized that helium has ever been bullish connected Bitcoin, adjacent erstwhile it plummeted to $16,000 successful the past crypto winter, but Donald Trump’s statesmanlike victory past November “brought a oversea alteration successful politics,” helium stated.
“Although we thought we mightiness person a pro-Bitcoin president, we didn't deliberation we'd get a strategical Bitcoin reserve. We didn't deliberation that the president would accidental America would beryllium the Bitcoin superpower of the world. This is an astonishing development,” Saylor added.
The Strategy laminitis besides mentioned increasing regulatory and legislative developments astir crypto, referring to 3 crypto-related bills progressing successful the US, including the stablecoin-focused Genius Act, the Digital Asset Market Clarity Act and the Bitcoin Act.
“This is thing cipher guessed, nary 1 conceived of a twelvemonth ago. States successful the United States are embracing Bitcoin,” Saylor said.
Magazine: Arthur Hayes doesn’t attraction erstwhile his Bitcoin predictions are wholly wrong