Bitcoin enthusiast Michael Saylor believes Bitcoin will be $10,000,000 per coin. In an interview with Peter H. Diamandis, Bitcoin bull Michael Saylor gave a very bullish outlook for Bitcoin and reiterated that we are very early. Bitcoin continues to trade sideways, as it currently trades for $20,320.62 despite hawkish sentiment from the Federal Reserve and the announcement of another rate hike of 75 basis points. Still, some analysts and pundits are questioning the short-term direction of the flagship cryptocurrency as the US Mid-term election approaches. Regulation has been a hot topic in the political realms when it comes to crypto, with Biden’s administration looking to push for a central bank digital currency. In addition to the mid-term election, the economic and political turmoil worldwide has some analysts predicting that Bitcoin will join other major assets with bearish price action. But to Saylor, all of the short-term micro events and microeconomics are trivial for the long-term health of Bitcoin, as Saylor sees Bitcoin hitting $10,000,000 per coin.

Michael J. Saylor is an American entrepreneur and business executive. He is the executive chairman and co-founder of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. Saylor served as MicroStrategy’s chief executive officer from 1989 to 2022. In 2020, Saylor adopted the Bitcoin strategy when MicroStrategy used $250 million from its cash stockpile to purchase 21,454 Bitcoin.
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“Bitcoin Is Marching Toward $10,000,000 Per Coin” | Michael Saylor

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