Optimistic Forecast on Bitcoin from Michael Saylor

MicroStrategy CEO Michael Saylor said he hopes Bitcoin will one day reach a million dollars in value.

Optimistic Forecast on Bitcoin by Michael Saylor. As the downturn in the cryptocurrency markets continues, MicroStrategy CEO Michael Saylor maintains his positive predictions about Bitcoin. The successful businessman said that BTC, which is traded at $39,000, can reach millions of dollars. Speaking to Yahoo Finance, Saylor said, “There is no price target. I hope we get Bitcoin from the local top forever. I also hope that Bitcoin will reach the level of millions. We think this currency has a future." On the other hand, MicroStrategy continues to be the largest institutional investor with 129 thousand 218 Bitcoins it holds. The company does not plan to liquidate Bitcoin despite a loss of $70 million.