Bitcoin Demand Will Boom in 2024: Micheal Saylor Predicts
Saylor forecasts a 10x Bitcoin boom by 2024, with big tech and banks struggling for a piece.
Michael Saylor predicts a big rise in Bitcoin demand, possibly growing 10X by 2024's end.
At the Australia Crypto Convention, Saylor outlined Bitcoin’s growth from a niche to a mainstream asset by 2024.
The Bitcoin halving in April 2024 could cut the new Bitcoin supply, while demand could skyrocket. This might lead to a price surge.
The next year is seen as Bitcoin’s "coming out party," where it will become a mature mainstream asset.
From 2024-2028, Saylor sees Bitcoin growing with big tech and mega banks competing to invest in it.
MicroStrategy’s Bitcoin holdings reflect Saylor’s confidence, with the company holding a substantial 158,400 BTC and being up $900 million on its investment.
Saylor's vision indicates that the upcoming years will be crucial for Bitcoin, as it could reach valuations once thought impossible.
Below is a chart showing Bitcoin's Price movement in the past 7 days https://coinpaprika.com/coin/btc-bitcoin/
