Michael Saylor, the founder of the company $MSTR (-0,3%) presented a new Bitcoin price forecast at the Bitcoin conference in Prague: In 21 years he sees the asset at 21 million
US dollars per coin, which is a good deal higher than his forecast a year ago.
On Saturday last week, Saylor used his appearance at BTC Prague as an opportunity to share a new price forecast with the community. The strategy founder emphasized that a lot has happened since then that would justify an even more bullish outlook:
- the US has established a strategic
Bitcoin reserve to become the Bitcoin superpower - the Trump administration is made up of Bitcoin supporters
- US banks are encouraged to offer crypto services
- US states pass Bitcoin Reserve Act
- Institutional adoption picks up pace thanks to Bitcoin spot ETF approval
- More and more public companies are implementing the Bitcoin strategy
- Wall Street analyst firms have a positive outlook for Bitcoin
- the crypto industry supports Bitcoin
- Governments around the globe are receptive to Bitcoin
"Bitcoin's path to $21 million will be volatile."
Source: Blocktrainer
