MicroStrategy’s Saylor Would Be “Surprised” if Bitcoin Fails to Hit $100,000 This Year

MicroStrategy's Saylor sees Bitcoin reaching $100,000 this year

Cover image via U.Today

In a recent interview with CNBC, MicroStrategy co-founder Michael Saylor predicted that the price of Bitcoin could reach $100,000 by the end of this year.

Saylor is convinced that Bitcoin is not going to revisit the $30,000 level. Instead, the leading cryptocurrency is going to surge higher in the near future.

"I'm planning the $100,000 party, and I'm thinking that it's probably going to be New Year's Eve at my house. So, I will be surprised if we don't go through $100,000 in November or December" he said.

The leading cryptocurrency dipped below the $87,000 level earlier this Friday after reaching a lifetime peak of $93,477 on Wednesday, according to CoinGecko data.

Polymarket bettors currently see only a 36% chance of Bitcoin hitting $100,000 this November.

According to Bloomberg, the ongoing Bitcoin rally has started showing signs of cooling based on recent data fro the derivatives market.

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at [email protected].

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MicroStrategy’s Saylor Would Be “Surprised” if Bitcoin Fails to Hit $100,000 This Year

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