Saylor: “bitcoin will reach USD 180,000, then drop to USD 140,000 and people will go crazy”
The CEO of MicroStrategy asserts that BTC will maintain its volatile nature. The CEO of MicroStrategy, Michael Saylor, downplayed the volatility of bitcoin, explaining that it is part of the natural behavior of the leading cryptocurrency in the market. “The volatility of bitcoin is like fire. And some people run away from the fire. But Henry Ford put fire in a carriage through an engine, created an entire industry, and gave wings to humanity,” said the executive in a recent interview.
Henry Ford was an American industrialist and magnate, known for founding the Ford Motor Company and for being a pioneer in assembly line production that revolutionized the automotive industry with the Model T. When Michael Saylor mentions the volatility of bitcoin comparing it to fire, he refers to the way Ford took something dangerous and potentially destructive like fire and used it in an innovative and ingenious way to create an internal combustion engine.
Saylor suggests that the volatility of bitcoin, although it may scare some, can be channeled to drive advancements and growth in the financial and technological ecosystem, creating new opportunities and transforming the global economy.
As on other occasions, Saylor dared to make price predictions for bitcoin to emphasize his point during the interview: “I think it will shoot up to the clouds. It will rise to 180,000 dollars and plummet to 140,000 dollars. And people will get scared again because of that.”
As the entrepreneur sees it, bitcoin will remain volatile because “it is a global asset 24/7/365”. “You can sell it out of panic on Saturday night, you can buy it with enthusiasm on Sunday morning. That is the future, it is not a mistake,” he noted.
#BecomeCreator #BinanceSquareFamily
The CEO of MicroStrategy asserts that BTC will maintain its volatile nature. The CEO of MicroStrategy, Michael Saylor, downplayed the volatility of bitcoin, explaining that it is part of the natural behavior of the leading cryptocurrency in the market. “The volatility of bitcoin is like fire. And some people run away from the fire. But Henry Ford put fire in a carriage through an engine, created an entire industry, and gave wings to humanity,” said the executive in a recent interview.
Henry Ford was an American industrialist and magnate, known for founding the Ford Motor Company and for being a pioneer in assembly line production that revolutionized the automotive industry with the Model T. When Michael Saylor mentions the volatility of bitcoin comparing it to fire, he refers to the way Ford took something dangerous and potentially destructive like fire and used it in an innovative and ingenious way to create an internal combustion engine.
Saylor suggests that the volatility of bitcoin, although it may scare some, can be channeled to drive advancements and growth in the financial and technological ecosystem, creating new opportunities and transforming the global economy.
As on other occasions, Saylor dared to make price predictions for bitcoin to emphasize his point during the interview: “I think it will shoot up to the clouds. It will rise to 180,000 dollars and plummet to 140,000 dollars. And people will get scared again because of that.”
As the entrepreneur sees it, bitcoin will remain volatile because “it is a global asset 24/7/365”. “You can sell it out of panic on Saturday night, you can buy it with enthusiasm on Sunday morning. That is the future, it is not a mistake,” he noted.
#BecomeCreator #BinanceSquareFamily