Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael Saylor
Michael Saylor is planning a party for Bitcoin to hit $100,000 this year and says it won’t fall to $60,000 as predicted by some analysts.
MicroStrategy founder and Bitcoin bull Michael Saylor has ruled out the chances of Bitcoin retracing to $60,000 — a crucial price level for the majority of 2024.
“I don’t think it is going to $60,000, it is not going to $30,000, I think it is going to go up from here,” Saylor told CNBC on Nov. 14. Bitcoin (BTC) is trading around $87,790, according to CoinMarketCap.
He said Donald Trump’s win “very decidedly” settled the future of crypto and Bitcoin in the United States, adding, “I don’t really see any threats on the near-term horizon.”
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Author: Ciaran Lyons
