๐ฅ ๐๐ง๐ ๐ฟ๐ฒ๐ฎ๐ฑ๐ ๐ณ๐ผ๐ฟ ๐ญ๐ฌ๐ ? ๐ ๐ถ๐ฐ๐ต๐ฎ๐ฒ๐น ๐ฆ๐ฎ๐๐น๐ผ๐ฟ ๐ฝ๐ฟ๐ฒ๐ฑ๐ถ๐ฐ๐๐! ๐ฑ
๐ Michael Saylor, the crypto visionary, predicts a potential 10x surge in Bitcoin's value by 2024, fueled by the upcoming halving event and reduced selling pressure from miners. ๐ฐ
๐ Saylor highlights the transformative impact of a Bitcoin spot ETF, foreseeing a wave of institutional investors that could catapult Bitcoin's price to new heights. ๐
๐ก Emphasizing the need for a mature crypto industry, Saylor calls for a shift away from speculative tokens, especially in the aftermath of Sam Bankman-Fried's fraud conviction.
๐ฎ In a CNBC interview, Saylor outlines the confluence of macro and technical events, including the halving, that could drive unprecedented demand for Bitcoin, creating a perfect storm of contracting supply and global economic strains. ๐ผ
๐ The approval of a Bitcoin spot ETF, as advocated by Saylor, is seen as a game-changer, with Bernstein predicting prices surging north of $150,000 by 2025. ๐
๐ฆ Saylor envisions a stabilized crypto industry when banks and responsible custodians take charge, moving away from the distractions of numerous tokens. ๐
๐ "For the industry to move to the next level, we need to migrate to adult supervision. We need to rationalize away from the 100,000 crypto tokens that people are manipulating to bitcoin." - Michael Saylor. ๐
NFA DYOR ๐ค
