Michael Saylor Sets Audacious $49 Million Bitcoin Price Target – Details

Michael Saylor Sets Audacious $49 Million Bitcoin Price Target – Details
The price of Bitcoin has recently returned below $68,000, as it attempts to stage a recovery following a significant price dip in the last week. While the crypto market leader attempts to find a support, popular American billionaire and Bitcoin maxi Michael Saylor has released a daring 21-year price prediction for the premier cryptocurrency. Related Reading: This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC $3 Million At Worst, $49 Million At Best: Saylor In an X post on July 27, Michael Saylor shared his expectations on Bitcoin for 2045 painting a bear, base, and bull scenario. He noted that the digital asset currently trades around $65,000 with a market cap of $1.3 trillion and accounts for 0.1% of world assets.  From a bearish point of view, the Microstrategy CEO believes Bitcoin will at least achieve a $3 million price mark which should translate into a market cap of $68 trillion. If such predictions are realized, the asset is expected to represent 2% of global assets. Alternatively, in the most bullish case, Michael Saylor projects BTC to be trading at $49 million per unit in 2045 with a ..

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