Bitcoin Price Prediction: Billionaire Michael Saylor Forecasts $13 Million BTC by 2045
Bitcoin (BTC), the world’s leading cryptocurrency, has maintained its bullish momentum, trading around the $68,469 level. Despite experiencing a dip to an intraday low of $63,600 yesterday, BTC quickly regained strength and surged past the $68,000 mark.
This upward trend is fueled by several factors, including Michael Saylor’s optimistic prediction that Bitcoin could reach $13 million by 2045.
Saylor’s forecast has bolstered bullish sentiment, potentially driving increased investor interest and contributing to Bitcoin’s recent surge above $68,000.
Michael Saylor, executive chairman of MicroStrategy, is highly optimistic about Bitcoin’s future. At the Bitcoin 2024 conference, Saylor projected that Bitcoin could reach $13 million by 2045, requiring an annual return of 29%.
He explained that with Bitcoin’s current price around $68,000 and a market cap of $1.34 trillion, this represents just 0.1% of global wealth.
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