ChainCatcher report: According to Bloomberg, Michael Saylor, founder of MicroStrategy, said in an interview that the recent crypto market downturn over the past year has ended, and the market is entering a bull phase, with Bitcoin expected to surpass $100,000 again. He noted that Bitcoin previously found support just below $60,000 and is now moving toward levels above $80,000, with an anticipated annual growth rate of 20% to 30% over the coming years. Saylor also stated that MicroStrategy may continue to increase its Bitcoin holdings and issue credit products during this bull market. Separately, MSCI is reportedly considering revising its index rules and may remove MicroStrategy from its global equity benchmark index, with a decision expected to be announced on Friday. Saylor expressed disappointment, stating that this stance reflects bias against digital assets, and urged MSCI to reconsider.
Michael Saylor Predicts Bitcoin to Reach $100,000 in the Upcoming Bull Market
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Summary
Bitcoin news emerged as Michael Saylor, founder of MicroStrategy, stated in an interview that the recent crypto market crash has ended and a bull phase is beginning. He expects Bitcoin to rise above $100,000 again, with its price now above $80,000 after reaching $60,000. Saylor also indicated that MicroStrategy may continue purchasing Bitcoin and introduce credit products during the bull run. Meanwhile, MSCI is considering changes that could remove MicroStrategy from its global indexes—a move Saylor labeled as biased against digital assets. Traders are also monitoring altcoins for potential upside in the new cycle.
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