According to Bloomberg, Michael Saylor, founder of MicroStrategy, said in an interview that the recent crypto market downturn 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. Additionally, MicroStrategy may continue to increase its Bitcoin holdings and issue credit products during this bull market.
Michael Saylor Predicts Bitcoin to Surpass $100,000 in the Upcoming Bull Market
TechFlowShare
Summary
Bitcoin news: Michael Saylor, founder of MicroStrategy, told TechFlow that the crypto market crash has ended and a bull phase is beginning. He expects Bitcoin to rise above $100,000 again, up from a recent low near $60,000 to current levels above $80,000. Saylor anticipates 20% to 30% annual growth for Bitcoin ahead, with MicroStrategy potentially buying more and launching credit products. Altcoins to watch may also benefit from the market shift.
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