A Bitcoin defender (BTC) and president of the strategy (formerly Microstrategy), Michael Saylor, sparked a new debate in the cryptocurrency community with his last daring prediction.
In a recent tweetSaylor has planned that once traditional banks and financial experts fully adopt Bitcoin, the demand for the assets will skyrocket – which makes it “unaffordable” for many future investors.
Given the position of strategy as one of the biggest holders of Bitcoin companies, Saylor's comments have a significant weight in the cryptography industry. Under his leadership, the strategy made Bitcoin his main cash reserve asset, which devotes more the role of Saylor as a key promoter of the Bitcoin value proposal.
Key key for future Bitcoin growth
Saylor's latest comments suggest that he considers generalized institutional adoption – in particular established banks and financial authorities – as a major catalyst for the next major Bitcoin prices.
Although Bitcoin has already acquired acceptance among many investors, significant resistance remains of certain regulators. According to Saylor, if these institutions end up approving Bitcoin, this would considerably increase its legitimacy and its appeal.
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Its argument is built on a fundamental economic principle: rarity stimulates value. Bitcoin's offer capped at 21 million parts, a rush of institutional demand could lead to unprecedented prices growth.
Saylor's message is clear: investors have the choice – they can either embrace bitcoin now, or potentially regret it for not having bought when it was still at hand.
BTC Price is solid nearly $ 94,000
Despite the speculative nature of the long -term crypto forecasts, understanding key factors influencing the future of Bitcoin – as indicated by Saylor – provides a precious context to investors.
According to the latest CoinMarketCap dataBitcoin is currently negotiated at $ 93,953, after a minor drop of 0.3% in the last 24 hours. In particular, the Bitcoin negotiation volume jumped 90.7% during the same period to reach $ 31.8 billion, which indicates a sharp increase in market activity and investor interest.
While the coming road for Bitcoin remains volatile, an increased institutional request could be the decisive force behind his next major rally – just like Michael Saylor.
