In a recent interview with CNBC, co-founder Michael Saylor MicroStrategy predicts Bitcoin will reach $100,000 by the end of this year.
Sellers are confident that Bitcoin will not return to the $30,000 level. On the contrary, the leading cryptocurrency will grow even more in the near future.
“I’m planning a $100,000 party and I think it might be New Year’s Eve at my house, so I’ll be surprised if we don’t go to $100,000 in November or December,” he said.
According to Coingecco, the main cryptocurrency fell below the $87,000 level early Friday. This after hitting a lifetime high of $93,477 on Wednesday.
Many market speculators currently see only a 36% chance of Bitcoin hitting $100,000 this November.
According to Bloomberg, Bitcoin’s ongoing rally is starting to show signs of slowing down. Considering the latest information from the derivatives market.
USA bitcoin store is a good idea
In the interview, Saylor also predicted that the United States would eventually Bitcoin storage will be established.
“The next big frontier is cyberspace. And of course this job belongs to cyberspace itself…I think it’s a good idea. I think it’s going to happen,” he said.
Mike Novogratz predicts US Bitcoin storage unlikely But if such an ambitious idea is implemented, Novogratz expects Bitcoin to skyrocket to $500,000.