Michael Saylor Predicts Bitcoin Could Hit $13 Million by 2045
MicroStrategy’s Michael Saylor has made a striking prediction that Bitcoin could reach $13 million by 2045.
Speaking at the Bitcoin 2024 Conference, Saylor also suggested that, under optimal conditions, BTC might hit $49 million within the same timeframe. His forecasts have generated significant buzz amid a crypto market rally.
Saylor outlined that while Bitcoin’s annual growth rate might decrease from 55% to 20% by 2045, it would still push the cryptocurrency’s value to impressive heights. He remains bullish on Bitcoin, with his company, MicroStrategy, holding a substantial amount of BTC, reflecting his confidence in its long-term potential.
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In addition to his primary forecast, Saylor presented a less optimistic scenario where Bitcoin could be valued at $3 million, representing 2% of global wealth. Despite the varied predictions, he emphasized Bitcoin’s significant growth potential and its importance in the global economy.
Currently, Bitcoin has surged past $68,000, driven by positive sentiment around the Bitcoin Conference and the anticipated appearance of former President Donald Trump. Market confidence remains strong, as indicated by a nearly 3% rise in Bitcoin Futures Open Interest, despite a 20% decline in trading volume to $31.18 million from the previous day.
Saylor’s company, MicroStrategy, has acquired 226,331 Bitcoin over the past four years, now worth about $15 billion, significantly more than the purchase price, highlighting his belief in Bitcoin’s enduring value.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
