Michael Saylor Says the Bitcoin Bottom Is in and $100K Is Coming Back

Strategy’s Michael Saylor told Bloomberg that bitcoin is at “the beginning of a bull market,” placing the bottom just under $60,000 and predicting a return above $100,000. Saylor made the call during an interview with Bloomberg Television yesterday, adding: The Strategy executive chairman did not attach a date to the $100,000 call, but was clear about the long run, expecting bitcoin to grow 20% to 30% a year over the next two decades and stressed that he is not a short-term trader.

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