Michael Saylor, the co-founder of MicroStrategy, is painting an optimistic picture for Bitcoin, foreseeing a remarkable price surge on the horizon. He bases his expectations on several key upcoming events, including the eagerly awaited halving event scheduled for April 2024 and the potential approval of a spot Bitcoin ETF.
Saylor’s rationale is grounded in the belief that the reduction in Bitcoin mining rewards and the mounting demand from institutional investors will combine to trigger an extraordinary tenfold increase in Bitcoin’s value. This outlook has captured the attention of the crypto community and investors worldwide.
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